Boerse Stuttgart, Societe Generale, flatexDEGIRO Join Forces for EU Blockchain Securities Settlement
Cointelegraph
Boerse Stuttgart, Societe Generale, and flatexDEGIRO are partnering to create a unified blockchain-based securities settlement platform for the European market.Summary
Boerse Stuttgart Group has partnered with Societe Generale, SG-Forge, and flatexDEGIRO to develop Seturion, a blockchain-based platform designed to standardize securities settlement across Europe. The initiative aims to reduce market fragmentation by enabling the issuance of tokenized structured securities and facilitating settlement via euro and dollar stablecoins. While currently awaiting regulatory approval from BaFin under the EU's DLT Pilot Regime, the platform seeks to integrate various brokers and trading venues, including Nasdaq’s European entities, to create a cohesive capital market infrastructure.
(Source：Cointelegraph)