Boerse Stuttgart Group has unveiled Seturion, a pan-European, blockchain-based platform designed to unify the fragmented settlement landscape in Europe. The launch marks a significant milestone in the development of digital capital market infrastructure, enabling faster, more cost-efficient settlement of tokenized assets across national borders.

Takeaway: Seturion aims to remove cross-border settlement barriers and cut costs by up to 90%, creating the first true pan-European digital industry solution for tokenized assets.

Unifying Europe’s Settlement Infrastructure

The current settlement ecosystem in Europe remains fragmented by national borders and siloed infrastructure. Seturion tackles this challenge by providing an open architecture accessible to all market participants: banks, brokers, classical and digital trading venues, and tokenization platforms. Its modular design supports both public and private blockchains, with settlement options against central bank money or on-chain cash.

Boerse Stuttgart Group’s own trading venues will act as “clients zero,” with other partners expected to connect soon. By doing so, institutions can trade tokenized assets without requiring their own distributed ledger technology (DLT) license, ensuring easier access to token markets.

Takeaway: By offering an open, modular platform, Seturion lowers the barriers for European market participants to enter tokenized trading without additional licensing burdens.

Technology Tested and Proven

The Seturion settlement solution is already in use by BX Digital, the FINMA-regulated DLT trading facility in Switzerland. In 2024, the platform successfully participated in the European Central Bank’s blockchain trials, demonstrating its ability to integrate with leading European banks.

Its modular settlement framework provides flexibility across asset classes and ensures scalability for the rapidly growing tokenized economy. This technological foundation positions Seturion as a first-mover in pan-European settlement innovation.

Leadership and Regulatory Path

Pending supervisory approval, Seturion will be led by an experienced management team: Dr. Lidia Kurt as CEO, Sven Wilke as Deputy CEO and CGO, Dirk Kruwinnus as CPO, and Samuel Bisig as CTO. Lucas Bruggeman, Chief Digital Assets Officer of Boerse Stuttgart Group, is the designated Chairman of the Board of Directors.

A license application under the European DLT Pilot Regime has been submitted to BaFin, Germany’s financial regulator. The supervisory process is expected to solidify Seturion’s role as a compliant and trusted solution within Europe’s regulatory framework.

Takeaway: The appointment of seasoned digital asset experts underscores Seturion’s ambition to lead Europe’s regulated tokenization landscape.

Industry Vision and Impact

Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group, emphasized the platform’s industry-wide ambition: “Seturion is the first digital pan-European settlement platform for tokenized assets. With a truly open architecture, we want to overcome current national settlement infrastructure silos and turn a unified European capital market into reality.”

Dr. Lidia Kurt, incoming CEO of Seturion, added: “With Seturion, market participants across Europe can tap into new business opportunities around tokenized assets. Our partners benefit from significant cost savings in settlement of up to 90 percent. We have been building our infrastructure for several years, and now we are ready to scale it across Europe.”

Takeaway: With backing from Boerse Stuttgart Group and tested integration with ECB pilots, Seturion is positioned as a cornerstone of Europe’s future capital markets.