Stuttgart Stock Exchange has launched the Seturion platform aimed at simplifying the trading processes of tokenized assets and reducing settlement costs.
What is Seturion?
Seturion is a pan-European settlement platform launched by Stuttgart Stock Exchange, designed for the integration of post-trade systems for tokenized assets, enhancing trade efficiency.
Advantages of Seturion Platform
The primary advantage of Seturion is the promise of reducing settlement costs by up to 90%. The platform is open and collaborative, allowing various financial system participants, such as banks and brokers, to effectively interact and offer new digital asset services.
Future of Tokenized Assets in Europe
The launch of Seturion signifies the commitment of traditional financial institutions to integrate digital innovations. The platform opens new opportunities for liquidity and investment while adhering to the needs for standardization and regulation in the European market.
The establishment of the Seturion platform marks a significant step towards the integration of tokenized assets into Europe's financial infrastructure, providing a more accessible and efficient trading mechanism.
