Boerse Stuttgart Targets Europe’s Fragmented Markets With Tokenized Trades
Summary
Boerse Stuttgart’s Seturion platform launched a strategic partnership with flatexDEGIRO and Societe Generale (via SG-FORGE) to build a pan-European blockchain-based settlement network. Societe Generale will issue tokenized structured products that will trade on Boerse Stuttgart and Nasdaq’s European venues, while retail orders flow through flatexDEGIRO’s 3.5 million customers. Transactions will settle on-chain using regulated euro- and USD-pegged stablecoins provided by SG-FORGE, aiming to cut costs and shorten settlement cycles across Europe’s fragmented post-trade landscape. Tokenized structured securities will be the first asset class to roll out, with the platform positioned as an open industry solution for a unified European capital market.