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Nasdaq and Boerse Stuttgart's subsidiary Seturion collaborate to promote European tokenized settlement
Deep Tide TechFlow News, March 10 — According to The Block, Nasdaq and Boerse Stuttgart Group’s tokenized settlement platform Seturion have announced a partnership aimed at promoting securities tokenization applications in Europe.
The collaboration will connect Nasdaq’s European trading venues to Seturion’s blockchain platform, supporting the trading and settlement of tokenized securities. The initial focus will be on structured products, with plans to expand to more asset classes and market participants in the future. Seturion’s platform supports all asset classes across both public and private blockchains.
Roland Chai, President of Nasdaq Europe Market Services and Head of Digital Assets, stated that tokenization offers a transformative opportunity to address inefficiencies in settlement and securities processing workflows.