Boerse Stuttgart Group, Europe's sixth-largest exchange operator, has launched Seturion, a groundbreaking blockchain settlement platform catering to tokenized asset transactions. Supporting both public and private blockchains, Seturion enables settlements using central bank money or on-chain cash, aiming to streamline cross-border payments for financial institutions. Initially operational in Switzerland via BX Digital, the platform's rollout is poised to expand throughout Europe pending regulatory approvals, coinciding with growing institutional adoption of tokenization and EU regulatory encouragement. This development marks significant progress in integrating blockchain technology within traditional finance, amid a global surge in tokenized asset initiatives and emerging regulatory challenges.
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Boerse Stuttgart Unveils Seturion: A Blockchain-Powered Platform Revolutionizing Tokenized Asset Settlements
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