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

According to ChainCatcher, according to Cointelegraph, the sixth largest exchange operator in Europe, the Boerse Stuttgart Group, launched a blockchain-based settlement platform Seturion, which aims to handle cross-border transactions of tokenized assets throughout Europe. The platform is for banks, brokers, trading venues and tokenization platforms. The system supports both public and private chains, and settlement can use central bank currency or on-chain cash. Local banks have tested it in blockchain trials with the European Central Bank (ECB). The group said its own exchange will be the first to access the platform, and BX Digital, a DLT trading venue regulated by the Stuttgart Stock Exchange, has enabled the solution. Other market participants must be approved by regulatory authorities before accessing.