Deutsche Börse Group and Societe Generale partner
18 November 2025 Germany
Image: YiuCheung/stock.adobe.com
Deutsche Börse Group has signed an agreement with Societe Generale Group and Societe Generale - FORGE (SG-FORGE) to accelerate the integration of token-based cash solutions with traditional financial market infrastructure.
The move aims to drive the adoption of stablecoins for strong digital European markets, with the integration of SG-FORGE’s CoinVertible as a payment and settlement stablecoin.
According to the Deutsche Börse Group, this will foster financial innovation in both parties, boosting their digital strategies while complementing its services.
The preliminary focus of the partnership aims to strengthen CoinVertible’s collateral management structure and usability as a settlement instrument for securities processes, for both collateral management and treasury functions at Clearstream, Deutsche Börse Group’s post-trade business.
Stephanie Eckermann, member of the executive board of Deutsche Börse Group, responsible for 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.â€
According to Deutsche Börse Group, the partnership will also improve CoinVertible’s liquidity through a new listing on Deutsche Börse digital trading platforms.
Furthering the collaboration, the next steps will see a joint analysis of the possibility of integrating the euro and US dollar CoinVertible stablecoins across the whole service portfolio of Deutsche Börse Group.
Through this, the Group hopes to enlarge use cases for robust EU Markets in Crypto-Assets Regulation (MiCA) compliant stablecoins natively suitable for financial institutions and the broader cryptocurrency industry.
Alexandre Fleury, co-head of Global Banking & Investor Solutions at Societe Generale Group, notes: “This partnership between Societe Generale and Deutsche Börse Group 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.â€
The partnership is a milestone for Deutsche Börse Group’s digital leadership ambition along its entire value chain, while, for Societe Generale Group’s SG-FORCE, it will contribute to reinforcing the growing importance of euro and US dollar CoinVertible stablecoins for both crypto natives and the traditional finance industry.
Jean-Marc Stenger, CEO of Societe Generale – 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 Group.â€
This collaboration takes place in the context of the wholesale Central Bank Digital Currency (CBDC) projects initiatives, where both groups are involved.
The projects aim to digitise capital market activity by modernising issuance, settlement, and custody of financial instruments, leveraging distributed ledger technologies (DLT) and central bank digital currencies, all within a regulated and secure framework.
The move aims to drive the adoption of stablecoins for strong digital European markets, with the integration of SG-FORGE’s CoinVertible as a payment and settlement stablecoin.
According to the Deutsche Börse Group, this will foster financial innovation in both parties, boosting their digital strategies while complementing its services.
The preliminary focus of the partnership aims to strengthen CoinVertible’s collateral management structure and usability as a settlement instrument for securities processes, for both collateral management and treasury functions at Clearstream, Deutsche Börse Group’s post-trade business.
Stephanie Eckermann, member of the executive board of Deutsche Börse Group, responsible for 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.â€
According to Deutsche Börse Group, the partnership will also improve CoinVertible’s liquidity through a new listing on Deutsche Börse digital trading platforms.
Furthering the collaboration, the next steps will see a joint analysis of the possibility of integrating the euro and US dollar CoinVertible stablecoins across the whole service portfolio of Deutsche Börse Group.
Through this, the Group hopes to enlarge use cases for robust EU Markets in Crypto-Assets Regulation (MiCA) compliant stablecoins natively suitable for financial institutions and the broader cryptocurrency industry.
Alexandre Fleury, co-head of Global Banking & Investor Solutions at Societe Generale Group, notes: “This partnership between Societe Generale and Deutsche Börse Group 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.â€
The partnership is a milestone for Deutsche Börse Group’s digital leadership ambition along its entire value chain, while, for Societe Generale Group’s SG-FORCE, it will contribute to reinforcing the growing importance of euro and US dollar CoinVertible stablecoins for both crypto natives and the traditional finance industry.
Jean-Marc Stenger, CEO of Societe Generale – 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 Group.â€
This collaboration takes place in the context of the wholesale Central Bank Digital Currency (CBDC) projects initiatives, where both groups are involved.
The projects aim to digitise capital market activity by modernising issuance, settlement, and custody of financial instruments, leveraging distributed ledger technologies (DLT) and central bank digital currencies, all within a regulated and secure framework.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
