Boerse Stuttgart: SocGen, SG‑FORGE, flatexDEGIRO join Seturion

Boerse Stuttgart said in a statement on Thursday that it has added Societe Generale, SG‑FORGE and flatexDEGIRO to Seturion, its tokenized securities settlement platform. Under the agreement, Societe Generale will issue tokenized structured securities on the network, SG‑FORGE will supply CoinVertible stablecoins in euros and U.S. dollars for settlement, and flatexDEGIRO will route retail brokerage order flow into tokenized securities settlement.

Seturion is designed to connect banks, brokers and trading venues into a single settlement layer for digital securities. The platform will initially support tokenized structured products, including turbo warrants and investment certificates, and Boerse Stuttgart plans to extend support to other asset classes on both public and private blockchains. Nasdaq’s European trading venues are expected to connect to Seturion to enable trading and settlement through the platform.

flatexDEGIRO will channel order flow from more than 3.5 million retail clients across 16 European markets into tokenized securities routed via Seturion. Societe Generale’s issuances will use the platform to distribute structured products in token form, while SG‑FORGE’s CoinVertible tokens will be available to settle transactions on the network.

In May, Societe Generale expanded its tokenized finance activity on the Canton Network, deployed SG‑FORGE’s CoinVertible stablecoins for institutional settlement and joined the network as an Ecosystem Super Validator. Those actions preceded the agreement with Boerse Stuttgart and reflect the bank’s continued use of distributed ledger tools for issuing and settling securities.

Boerse Stuttgart Group CEO Dr. Matthias Voelkel described Seturion as the European settlement platform for a unified European capital market and said the platform is intended to help overcome Europe’s fragmented settlement landscape.

Boerse Stuttgart positions Seturion as a shared technical layer where multiple market participants can settle tokenized instruments on the same infrastructure. The company said the initial focus on structured products uses an existing market for warrants and certificates while laying groundwork to broaden support to other tokenized asset types over time.