Deutsche Börse Group, 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.
Through this collaboration, Deutsche Börse Group is further driving the adoption of stablecoins for digital European markets using SG-Forge’s CoinVertible.
“We believe the financial sector of the future must embrace digitalisation, not just in principle but in practice,” said Stephanie Eckermann, member of the executive board of Deutsche Börse Group.
“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.”
The partnership is intended to strengthen CoinVertible’s collateral management structure and its use in settlement, collateral and treasury processes at Clearstream, and to increase its liquidity by listing it on Deutsche Börse Group’s digital trading platforms.
“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 Group,” said Jean-Marc Stenger, chief executive of Societe Generale – Forge.
The partnership will also explore integrating the EUR and USD CoinVertible stablecoins across Deutsche Börse Group’s full-service portfolio, expanding their MiCA-compliant use cases for financial institutions and the wider crypto industry.
