Boerse Stuttgart’s Hilarious New Toy: Seturion, the Blockchain Marvel! 🤯💰

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Boerse Stuttgart Group, in their infinite wisdom, decided to launch something called Seturion, a pan-European, blockchain-based settlement platform. What does it do? Well, it aims to unify the fragmented cross-border settlement for tokenized assets and, get this, cut costs for market participants. Who knew?

Now, here’s the kicker: Seturion is open to everyone from banks and brokers to traditional and digital trading venues, and even tokenization platforms. It’s like a big, inclusive party where everyone can play, supporting both public and private blockchains. And guess what? You can settle with central bank money or on-chain cash across all asset classes. It’s like having your cake and eating it too, but with more tech and less frosting.

But wait, there’s more! Boerse Stuttgart’s European trading venues are jumping on board as the initial “client zeros.” Yes, you read that right-zeros, because why start with ones when you can start with zeros? Wider partner onboarding is planned, and the Seturion solution is already being used by Swiss DLT trading venue BX Digital and was even trialed in ECB blockchain tests. Talk about a tech-savvy crowd!

Subject to approvals, Seturion will be led by the one and only CEO Dr. Lidia Kurt, along with a seasoned management team. Boerse Stuttgart has also submitted a BaFin DLT Pilot Regime license application. So, if everything goes according to plan, we might just see a new era of blockchain settlement. Or maybe just another tech buzzword. Who knows? But it’s definitely exciting… in a very nerdy way. 🚀💻

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2025-09-07 19:50