Stuttgart Stock Exchange launches pan-European tokenized asset platform

Jinse Finance reported that the Stuttgart Stock Exchange Group, the sixth largest exchange operator in Europe, has launched Seturion, a blockchain-based settlement platform capable of handling pan-European cross-border tokenized asset transactions. The platform supports both public and private chains and allows settlements in central bank money or on-chain cash, targeting institutions such as banks and brokers. The platform has already completed testing in collaboration with the European Central Bank, and BX Digital, the Swiss compliant DLT trading platform under the Stuttgart Stock Exchange, has been put into operation. Currently, multiple institutions in Europe are accelerating tokenization efforts, and there are also related developments in the United States, such as BlackRock launching a tokenized money market fund. Tokenization is becoming a global trend.