Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push
Stocks
Boerse Stuttgart’s Seturion has partnered with Societe Generale, its crypto subsidiary SG-FORGE, and online broker flatexDEGIRO to establish a pan-European blockchain securities settlement system. Societe Generale will issue tokenized structured securities, including turbo warrants and investment certificates, on Seturion, with SG-FORGE facilitating settlements using its CoinVertible euro and dollar stablecoins, EURCV and USDCV. FlatexDEGIRO, serving 3.5 million customers across 16 countries, will connect its retail investor flow to the platform, while Nasdaq’s European trading venues will also integrate to support trading of these tokenized securities. This collaboration aims to reduce settlement costs and fragmentation, contributing to a unified European capital market for tokenized assets, and highlights the ongoing efforts by European financial institutions to build regulated blockchain infrastructure. Seturion has submitted a license application to Germany’s BaFin under the EU's DLT Pilot Regime.
Key points
- ▸Boerse Stuttgart’s Seturion partnered with Societe Generale and flatexDEGIRO.
- ▸Pan-European blockchain securities settlement system is being built.
- ▸SG-FORGE will use EURCV and USDCV stablecoins for settlement.
- ▸FlatexDEGIRO connects 3.5 million customers across 16 countries.
Background
Seturion is Boerse Stuttgart Group’s tokenized securities settlement platform, launched in September 2025 to replace Europe’s fragmented national settlement systems with a single open infrastructure. It supports both public and private blockchains and can settle transactions using central bank money or onchain cash. The platform is already operational at BX Digital, a FINMA-regulated DLT trading facility in Switzerland.
Relevance
8/10
#BoerseStuttgart#SocieteGenerale#TokenizedSecurities#Europe#DLTPilotRegime#Stablecoins