Bitvavo partners with Societe Generale-FORGE to list EUR CoinVertible and USD CoinVertible
Press release
Amsterdam and Paris December 17, 2025
Bitvavo, Europe’s leading EUR-spot crypto exchange, today announced a partnership with Societe Generale-FORGE (SG-FORGE), the subsidiary of Societe Generale Group dedicated to crypto-assets, and leading European stablecoin issuer. Through this collaboration, Bitvavo will list EUR CoinVertible and USD CoinVertible*, two fully MiCA-compliant stablecoins issued by SG-FORGE, on its platform.
“This partnership underscores our shared commitment to transparency, regulation and innovation,” said Ramin Kader, Head of Business Development at Bitvavo. “As MiCA establishes a new era of trust in digital assets, we are proud to provide both our retail users and institutional clients with access to fully compliant stablecoins from a major player affiliated with one of Europe’s leading financial institutions. Integrating EUR and USD CoinVertible enhances choice, stability and confidence for our growing community.”
With this new listing, Bitvavo users gain access to institutional-grade stablecoins designed to combine the value stability of traditional fiat currencies with the transparency, efficiency and programmability of blockchain technology. These regulated assets can be used for payments, liquidity management, trading and decentralised finance (DeFi) applications.
“This collaboration extends the reach of EUR CoinVertible and USD CoinVertible to a wider audience, supporting real-world use cases within a robust regulatory framework,” said Jean-Marc Stenger, CEO of SG-FORGE. “By combining Bitvavo’s strong foothold in Europe with SG-FORGE’s pioneering expertise in tokenised assets, we are contributing to shape the future of compliant, transparent and accessible digital finance.”
SG-FORGE continues to implement its strategy to expand its commercialization network across centralized crypto-assets platforms, alongside DeFi protocols, and tokenization market infrastructures. The EUR and USD CoinVertible stablecoins, fully MiCA-compliant, are being deployed for various use cases through a broadening range of partners.
Both whitepapers, including details on clients’ redemption rights, are available on SG-FORGE’s website.
About Bitvavo
Founded in 2018 in Amsterdam, Bitvavo is one of Europe’s leading cryptocurrency trading platforms and the largest EUR spot exchange globally. Bitvavo serves over 2 million European users and an expanding network of institutional clients through its comprehensive and user-friendly platform, enabling the buying, selling, and storage of more than 400 digital assets at competitive fees. Following its MiCAR authorisation in June 2025, Bitvavo operates under the new European regulatory framework, offering a secure and efficient trading environment with consistent liquidity and competitive execution across a broad range of digital assets.
Media contact:
press@bitvavo.com
Website: https://bitvavo.com/fr
Media contacts:
SG-FORGE – Ballou Agency
Caroline De Frias, Astrid Amegnran, Thomas Duporge
Societe Generale
Sarah Cohen Lippe – sarah.cohen-lippe@socgen.com
* The EUR CoinVertible and USD CoinVertible (“Stablecoins”) have not been registered under the U.S. Securities
Act of 1933, as amended (the “Securities Act”), and may not be offered, sold, pledged or otherwise transferred at
any time except in an “offshore transaction” (as defined in Regulation S under the Securities Act (“Regulation S”))
to or for the account or benefit of a Permitted Transferee. A “Permitted Transferee” means any person who is not:
(a) a U.S. person as defined in Rule 902(k)(1) of Regulation S; (b) a person who comes within any definition of
U.S. person for the purposes of the U.S. Commodity Exchange Act of 1936, as amended (the “CEA”), or any rule
of the U.S. Commodity Futures Trading Commission (the “CFTC Rules”), guidance or order proposed or issued
under the CEA (for the avoidance of doubt, any person who is not a “Non-United States person” defined under
CFTC Rule 4.7(a)(1)(iv), but excluding, for purposes of subsection (D) thereof, the exception for qualified eligible
persons who are not “Non-United States persons,” shall be considered a U.S. person) and (c) “U.S. Person” for
purposes of the final rules implementing the credit risk retention requirements of Section 15G of the U.S. Securities
Exchange Act of 1934, as amended (the “U.S. Risk Retention Rules”). The Stablecoins are available only to, and
may only be legally or beneficially owned at any time by, Permitted Transferees. By its purchase of a Stablecoin,
each purchaser represents that it is, or is acting for the account or benefit of, a Permitted Transferee. THE ISSUER
HAS THE RIGHT TO REFUSE TO REDEEM THE EUR COINVERTIBLE AND USD COINVERTIBLE TO A
PERSON THAT IS NOT A PERMITTED TRANSFEREE.
