Stuttgart Group unveils blockchain platform for trading and settlement

The Boerse Stuttgart Group, a renowned German stock exchange, has announced the development of a novel digital capital market infrastructure named Seturion. This blockchain-based platform is designed to revolutionise the way tokenised assets are traded, processed, and exchanged.

Seturion promises to offer a seamless experience for banks and brokers, allowing them to continue utilising their existing connections to various trading venues. This means that businesses can carry on their operations as usual, while benefiting from the enhanced efficiency and cost-effectiveness offered by Seturion.

One of the key features of Seturion is its ability to support processing against both central bank money and on-chain money. This flexibility ensures that transactions can be carried out swiftly and efficiently, regardless of national borders.

Trading venues using Seturion can offer tokenised assets without the need for their own DLT (Distributed Ledger Technology) licence. This removes a significant barrier to entry for many businesses, making it easier for them to participate in the digital asset market.

The modular processing solution of Seturion supports tokenised assets on public and private blockchains. This versatility allows for a wide range of assets to be traded, increasing the potential for growth and innovation in the digital capital market.

Dr. Lidia Kurt has been appointed as the CEO and head of Seturion's leadership team, pending regulatory approval. Once approved, she will lead the charge in transforming the digital capital market landscape. The exact timeframe for this approval has not been specified, but it is currently pending supervisory consent as of 2025.

The Boerse Stuttgart Group's various classical and digital trading venues will connect as pilot customers to Seturion. This collaboration will provide valuable real-world testing and ensure that Seturion is ready for widespread adoption when it launches.

In conclusion, Seturion represents a significant step forward in the digital capital market. Its ability to process transactions quickly and cost-effectively, while supporting a wide range of tokenised assets, makes it an attractive proposition for businesses looking to participate in the digital asset market. With Dr. Lidia Kurt at the helm, Seturion is poised to make a lasting impact on the digital capital market landscape.