According to Seturion, on May 21, Seturion partnered with Société Générale, SG-Forge, and flatexDEGIRO to develop a European blockchain securities settlement system. Société Générale will issue tokenized structured securities on the Seturion platform, SG-Forge will settle transactions using the EURCV and USDCV stablecoins, and flatexDEGIRO will connect its European retail channels to support trading.
Seturion Collaborates with Société Générale, SG-Forge, and flatexDEGIRO on Blockchain Securities Settlement System
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Summary
Seturion has partnered with Société Générale, SG-Forge, and flatexDEGIRO to build a blockchain-based securities settlement system in Europe. Société Générale will issue tokenized structured securities on the platform, SG-Forge will manage settlements using EURCV and USDCV stablecoins, and flatexDEGIRO will connect its retail trading channels. This blockchain development represents a significant milestone in on-chain advancements for the financial sector.
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