Stuttgart Stock Exchange launches blockchain-based pan-European settlement platform Seturion
Foresight News reported that the Stuttgart Stock Exchange has launched Seturion, a blockchain-based pan-European settlement platform aimed at unifying the fragmented post-trade systems for tokenized assets and reducing settlement costs by up to 90%. The platform is open to banks, brokers, traditional and digital exchanges, as well as tokenization platforms, and is already in use on BX Digital, a distributed ledger technology (DLT) trading platform regulated by the Swiss Financial Market Supervisory Authority (FINMA).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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