Boerse Stuttgart launches Seturion settlement platform

The new system aims to unify Europe’s fragmented tokenized asset settlement and cut cross-border costs

by Blockworks /
article-image

Boerse Stuttgart Group and Adobe modified by Blockworks

share

Boerse Stuttgart Group has launched Seturion, described as the first digital pan-European settlement platform for tokenized assets.

The blockchain-based system is designed to unify Europe’s fragmented post-trade landscape by enabling faster and cheaper cross-border settlement. According to the group, Seturion can reduce settlement costs by up to 90% while supporting transactions across all asset classes.

The platform is open to banks, brokers, trading venues, and tokenization platforms, offering connectivity to both public and private blockchains. It supports settlement in central bank money or tokenized on-chain cash. Boerse Stuttgart’s own trading venues will serve as the initial users, with additional partners expected to follow.

Seturion builds on years of experimentation. The system has already been deployed at BX Digital, a FINMA-regulated DLT trading facility in Switzerland, and successfully tested during the European Central Bank’s blockchain trials in 2024, which demonstrated efficiency gains in tokenized securities settlement.

Leadership for Seturion is subject to regulatory approval, with Dr. Lidia Kurt named as CEO and Lucas Bruggeman, Boerse Stuttgart’s Chief Digital Assets Officer, designated as Chairman of the Board. A license application under the EU’s DLT Pilot Regime has been submitted to BaFin, Germany’s financial regulator.

This is a developing story.


This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates (1).png

Research

Aave’s revenues have doubled from April lows and are fast approaching all-time highs. With 35% of borrow interest coming from ETH and 55% from stablecoins, Aave is emerging as a powerful proxy as an ETH and stablecoin beta. As looping strategies accelerate growth and Horizon positions the protocol to ride the RWA wave, Aave is shaping up as one of DeFi’s most compelling multi-narrative plays.

article-image

Solana saw $78 million in REV for August

article-image

Lit Protocol’s Vincent is shifting agentic finance from toy demos to production rails

article-image

The new system aims to unify Europe’s fragmented tokenized asset settlement and cut cross-border costs

by Blockworks /
article-image

Tron slashed fees by 60% as Plasma looms, threatening its USDT moat

article-image

The acquisition adds evaluation-based funding to Kraken Pro, giving traders access to capital on performance

by Blockworks /
article-image

The deal merges real-time pricing data with on-chain credit ratings, aiming to boost institutional adoption of decentralized finance

by Blockworks /