Stuttgart Group to build blockchain payment network with Societe Generale, Flatex

Germany's Stuttgart Group is working to build a European blockchain payment infrastructure centered on its tokenized securities settlement platform, Seturion, Cointelegraph reported. The group is collaborating with Societe Generale and online brokerage flatexDEGIRO on the initiative. Under the partnership, Societe Generale will issue the tokenized securities, while flatexDEGIRO will connect the order flow from retail investors.