In a major leap forward for digital finance, Boerse Stuttgart Group’s tokenized securities platform, Seturion, has announced a groundbreaking partnership. By teaming up with banking giant Societe Generale, its crypto-focused subsidiary SG-FORGE, and the popular online broker flatexDEGIRO, Seturion aims to build a unified, pan-European blockchain securities settlement system.
This ambitious move is designed to modernize and connect Europe’s historically fragmented financial landscape. By leveraging blockchain technology, these financial heavyweights are paving the way for faster, cheaper, and more efficient trading across the continent.
How Seturion, Societe Generale, and flatexDEGIRO Are Reshaping Markets
Under this new strategic plan, Societe Generale will issue tokenized structured securities—such as investment certificates and turbo warrants—directly on the Seturion platform. To handle the actual settlement of these transactions seamlessly, SG-FORGE will step in using its CoinVertible stablecoins, specifically the euro-pegged EURCV and the dollar-pegged USDCV. Because SG-FORGE holds full Markets in Crypto-Assets (MiCA) authorization from French regulators, this process brings a high level of security and compliance to the table.
Retail investors are also set to benefit directly from this innovation. FlatexDEGIRO, which currently serves over 3.5 million customers across 16 different countries, plans to connect its massive retail investment flow to the new platform. Additionally, Nasdaq’s European trading venues will link up with Seturion to facilitate the trading of these tokenized assets, building on a collaborative partnership that was first announced back in March.
According to Matthias Voelkel, CEO of Boerse Stuttgart Group, the ultimate goal is to create an open industry solution that finally overcomes Europe’s fragmented settlement processes. Launched in September 2025, Seturion supports both public and private blockchains and can settle trades using central bank money or on-chain cash. While the platform is already live in Switzerland at the FINMA-regulated BX Digital facility, it is currently awaiting approval for a license from Germany’s financial regulator, BaFin, under the European Union’s DLT Pilot Regime.
Qivalis Expands as Europe Races for Regulated Blockchain Infrastructure
The Seturion announcement perfectly highlights a much broader trend right now: European financial institutions are in an absolute race to build robust, regulated blockchain networks. Right alongside the Boerse Stuttgart news, the European banking consortium Qivalis reported massive growth, expanding its active roster to 37 member institutions.
This Amsterdam-based group recently added 25 new banks across 15 countries—including industry heavyweights like ABN AMRO, Nordea, Rabobank, and Intesa Sanpaolo. Qivalis is currently working hard to build a strictly MiCA-compliant euro stablecoin that can serve as a secure, European alternative to the US dollar-dominated stablecoins currently leading the global market. With a targeted launch in the second half of 2026, Qivalis and modern platforms like Seturion are proving that Europe is more than ready to lead the charge in the future of blockchain finance.
