Stuttgart Stock Exchange launches pan-European tokenized asset settlement platform Seturion

PANews reported on September 5th that, according to Cointelegraph, the Stuttgart Stock Exchange Group, Europe's sixth-largest exchange operator, has launched Seturion, a blockchain-based settlement platform designed to handle cross-border transactions of tokenized assets across Europe. The platform is aimed at banks, brokers, trading venues, and tokenization platforms. The system supports both public and private blockchains, and settlements can be made using central bank currency or on-chain cash. Local banks have tested it in blockchain trials with the European Central Bank (ECB). The group stated that its own exchange will be the first to connect to the platform. Currently, BX Digital, a DLT trading venue in Switzerland regulated by the Stuttgart Stock Exchange, has already activated the solution. Other market participants will need regulatory approval before access.

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