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Stuttgart Stock Exchange Launches Pan-European Tokenized Asset Settlement Platform Seturion

Summary: According to Cointelegraph, the Boerse Stuttgart Group, the sixth largest exchange operator in Europe, has launched the blockchain-based settlement platform Seturion to facilitate cross-border trading of tokenized assets across Europe. The platform is targeted towards banks, brokers, trading platforms, and tokenization platforms, supporting both public and private chains, with settlements possible using central bank currency ...

According to Cointelegraph, the Boerse Stuttgart Group, the sixth largest exchange operator in Europe, has launched the blockchain-based settlement platform Seturion to facilitate cross-border trading of tokenized assets across Europe. The platform is targeted towards banks, brokers, trading platforms, and tokenization platforms, supporting both public and private chains, with settlements possible using central bank currency or on-chain cash. Local banks have already tested it in blockchain experiments with the European Central Bank (ECB). The Boerse Stuttgart Group stated that its proprietary trading platform will be the first to integrate Seturion, with BX Digital, a DLT trading platform regulated by the Stuttgart Stock Exchange in Switzerland, already using the solution. Other market participants will need regulatory approval to access the platform.

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