Boerse Stuttgart Launches Seturion for Tokenized Asset Settlement
Boerse Stuttgart has introduced Seturion, a blockchain-based settlement platform designed to streamline cross-border transactions for tokenized assets. Unlike closed ecosystems such as SIX Digital Exchange, Seturion operates as a modular solution, connecting multiple European trading venues.
"We aim to break down national settlement silos and unify Europe's capital markets," said Matthias Voelkel, CEO of Boerse Stuttgart. The platform is open to banks, brokers, and tokenization platforms, supporting both public and private blockchains alongside cash settlement via central bank money or on-chain alternatives.
Seturion promises faster, cost-efficient settlements, with trials already conducted under ECB oversight. The MOVE signals growing institutional adoption of blockchain infrastructure in traditional finance.