Boerse Stuttgart launches blockchain settlement platform Seturion to promote European asset tokenization

According to Cointelegraph, Boerse Stuttgart Group, the sixth largest exchange operator in Europe, launched Seturion, a blockchain settlement platform, aims to handle cross-border transactions of tokenized assets in Europe. The platform supports both public and private blockchains, and settlement can be carried out in central bank currency or on-chain cash. Seturion has been tested by local banks in the ECB's blockchain trial, first connected to Boerse Stuttgart's own exchange, and BX Digital has been launched. European banks, fund managers and fintech companies are accelerating their tokenization experiments, supported by the EU DLT Pilot Regime framework.