Boerse Stuttgart expands pan-European tokenized settlement network with SocGen, SG-FORGE, and flatexDEGIRO!

Boerse Stuttgart has added Societe Generale, its blockchain subsidiary SG-FORGE, and retail brokerage giant flatexDEGIRO to its pan-European tokenized settlement network — a significant broadening of the consortium that signals growing institutional appetite for on-chain post-trade infrastructure across the continent.

SG-FORGE is one of Europe's most active institutional DeFi arms, having already issued tokenized bonds on public blockchains and obtained a crypto services license in France. Its inclusion alongside flatexDEGIRO, which serves millions of retail investors across Europe, suggests the network is designed to bridge institutional and retail settlement rails under a single tokenized framework.

For the broader market, the expansion is a concrete data point in the slow but accelerating shift of European financial market infrastructure toward tokenized settlement — a trend that…