Overview
- Seturion targets cross-border settlement of tokenized assets through an open, modular design that works across public and private blockchains with cash in central bank money or on-chain currencies.
- The platform is already operating at BX Digital in Switzerland and was tested in 2024 ECB blockchain trials with leading German banks.
- Boerse Stuttgart’s trading venues will act as the first integrated clients, with broader onboarding expected through standard connections to existing market infrastructure.
- Participants such as banks, brokers, exchanges, and tokenization platforms can offer trading and settlement without obtaining their own DLT license by linking to venues connected to Seturion.
- Boerse Stuttgart Digital holds a MiCA crypto-asset service provider license, while Seturion’s DLT Pilot application and named leadership team remain subject to supervisory approval.