Boerse Stuttgart Group launched Seturion, a pan‑European, blockchain‑based settlement platform aimed at unifying fragmented cross‑border settlement for tokenized assets and cutting costs for market participants.
Boerse Stuttgart Launches Seturion, Pan‑European Blockchain Settlement Platform for Tokenized Assets
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Open to banks, brokers, traditional and digital trading venues, and tokenization platforms, Seturion supports public and private blockchains and offers settlement against central bank money or on‑chain cash across all asset classes. Boerse Stuttgart’s European trading venues will join as initial “client zeros,” with wider partner onboarding planned; the Seturion solution is already used by Swiss DLT trading venue BX Digital and was trialed in ECB blockchain tests. Subject to approvals, Seturion will be led by CEO Dr. Lidia Kurt and a seasoned management team, and Boerse Stuttgart has submitted a BaFin DLT Pilot Regime license application.
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WRITTEN BYBitcoin.com News DeskEditorial Desk Reporter
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