Deutsche Börse, Societe Generale Group, and Societe Generale – FORGE (SG-FORGE), have signed an agreement to accelerate the integration of token-based cash solutions with traditional financial market infrastructure.
The initial focus of the partnership intends to strengthen CoinVertible’s collateral management structure and usability as a settlement instrument for securities processes, for collateral management as well as treasury functions at Clearstream, the post-trade business of Deutsche Börse Group.
The integration of SG-FORGE’s CoinVertible as a payment and settlement stablecoin will foster financial innovation in both groups, boosting their digital strategies while complementing Deutsche Börse’s services.
This partnership will also improve CoinVertible’s liquidity through a new listing on Deutsche Börse Group digital trading platforms.
Further steps will include jointly analysing the possibility of integrating the euro and US dollar CoinVertible stablecoins across the entire service portfolio of Deutsche Börse, enlarging use cases for robust markets in crypto asset (MiCA)-compliant stablecoins suitable for financial institutions, and the broader cryptocurrency industry.
Stephanie Eckermann, member of the Deutsche Börse executive board that manages Post-Trading, comments: “This collaboration between key European players fosters innovative power for European financial markets. We believe the financial sector of the future must embrace digitisation — not just in principle, but in practice.
“We continue to take decisive steps in embedding stablecoins in a regulated, reliable, and trusted infrastructure, enabling them to deliver their full value, and provide cutting-edge, innovative solutions for our clients.”
Alexandre Fleury, co-head of Global Banking and Investor Solutions at Societe Generale Group, comments: “This partnership between Societe Generale and Deutsche Börse in digital finance marks a major step in connecting traditional capital markets with the crypto ecosystem.
“Building on years of collaboration in market activities and corporate finance, we are now creating bridges that will deliver innovative products and services at scale within a robust, regulated framework.”
Jean-Marc Stenger, CEO of SG-FORGE, comments: “This strategic partnership reinforces SG-FORGE’s position as Europe’s reference stablecoin issuer and creates a link between the crypto-native players we serve and established financial market infrastructures like Deutsche Börse.
“Together, we are driving the future of digital finance within a strong, regulated framework.”
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