The sixth largest exchange operator in Europe, the Stuttgart Stock Exchange Group, has launched a blockchain-based settlement platform, Seturion, which can handle cross-border tokenized asset transactions across Europe, supports public and private chains, and can be settled with central bank currency or on-chain cash, for banks, brokers and other institutions. The platform has been tested in conjunction with the European Central Bank, and BX Digital, a Swiss compliance DLT trading platform under...
The Boerse Stuttgart Group has shared its testing plans as part of a second wave of wholesale DLT trials for central bank currency settlements by the European Central Bank and the Eurosystem. The stock exchange group has developed a blockchain-based settlement solution. It plans to test the use of central bank euros for settlement of tokenized securities by connecting with Deutsche Bundesbank's trigger solution. The partners participating in the trial include four major German banks: Deutsche Ba...