Société Générale Partners with Seturion for Blockchain Settlement of Tokenized Securities

Société Générale has joined forces with Seturion, SG-FORGE, and flatexDEGIRO to pioneer blockchain-based settlement solutions for tokenized securities in Europe. This collaboration marks a significant step in institutional adoption of distributed ledger technology for post-trade processing.

The partnership leverages SG-FORGE's regulated stablecoins (EURCV and USDCV) for settlement, positioning Société Générale as the first major EU bank to operate under MiCA regulations for crypto assets. Initial focus will be on structured products including turbo warrants and investment certificates.

Seturion's platform aims to disrupt traditional CSD-based settlement by offering faster, cost-efficient alternatives. The involvement of flatexDEGIRO ensures distribution to retail investors across European markets, while Nasdaq's existing collaboration with Seturion suggests potential for broader market integration.