German Exchange Boerse Stuttgart Launches Blockchain Settlement Platform for Tokenized Assets

Boerse Stuttgart Group, the sixth-largest exchange operator in Europe, has launched a blockchain-powered settlement platform aimed at handling cross-border transactions of tokenized ￰0￱ Takeaways: Boerse Stuttgart has launched Seturion, a blockchain-based settlement platform for tokenized ￰1￱ platform supports both public and private chains, with settlements in central bank money or on-chain cash. Europe’s tokenization race is accelerating under the DLT Pilot ￰2￱ platform, named Seturion, is designed to service banks, brokers, trading venues, and tokenization platforms, with support for both public and private ￰3￱ to the group’s announcement on Thursday , settlements through Seturion can occur in central bank money or on-chain cash, offering flexibility for institutions navigating the shift toward tokenized ￰4￱ Stuttgart’s Blockchain Platform Goes Live in Switzerland The platform is already live at BX Digital, Boerse Stuttgart’s regulated distributed ledger technology (DLT) trading venue in Switzerland, and further rollout across the group’s exchanges is underway, pending regulatory ￰5￱ has already undergone testing in collaboration with local banks and the European Central Bank, forming part of broader blockchain infrastructure ￰6￱ launch comes as Europe accelerates its embrace of tokenization under the EU’s DLT Pilot Regime, which enables regulated players to trial blockchain infrastructure in capital ￰7￱ institutions across the continent are exploring on-chain issuance of bonds, equities, and structured ￰8￱ Stuttgart’s move follows a string of similar initiatives in ￰9￱ Switzerland, Taurus, backed by Deutsche Bank, recently debuted a Solana-based custody and issuance ￰10￱ rolled out a tokenization-focused Arbitrum layer-2 for European users in June, while Backed Finance expanded its tokenized equities offering to Ethereum earlier this week.

Börse Stuttgart, the 6th largest exchange group in Europe, has launched Seturion, a new blockchain platform to organize and manage settlements of tokenized assets throughout Europe, targeting banks and brokers with support for public & private blockchains. $BTC $ETH $LINK $ONDO ￰11￱ — ALLINCRYPTO (@RealAllinCrypto) September 5, 2025 The momentum isn’t confined to ￰12￱ the US, BlackRock’s BUIDL money market fund, tokenized in partnership with Securitize, has now expanded to Solana. Meanwhile, SkyBridge Capital plans to tokenize $300 million in assets on Avalanche, marking a significant boost to that network’s real-world asset footprint. Notably, Robinhood has come under regulatory fire in the EU after launching tokenized stock products linked to private companies like OpenAI and ￰13￱ Bank of Lithuania confirmed it is investigating the legality and investor disclosures related to these blockchain-based “Stock Tokens,” which launched on June ￰14￱ publicly disavowed any connection, stating it never approved the tokens and warning investors to be ￰15￱ Real-World Assets May Unlock $400T TradFi Market In a recent research, Web3 digital property firm Animoca Brands said that tokenization of RWAs could unlock a $400 trillion traditional finance ￰16￱ researchers Andrew Ho and Ming Ruan said the global market for private credit, treasury debt, commodities, stocks, alternative funds, and bonds represents a vast runway for growth.

“The estimated $400 trillion addressable TradFi market underscores the potential growth runway for RWA tokenization,” they wrote. Meanwhile, according to the 2025 Skynet RWA Security Report, the market for tokenized RWAs could grow to $16 trillion by ￰17￱ ￰18￱ alone are projected to reach $4.2 billion this year, with short-term government bonds driving most of the ￰19￱ interest is accelerating, with major banks, asset managers, and blockchain-native firms exploring tokenization for yield and liquidity ￰20￱ highlighted emerging use cases across private credit, trade finance, and money market funds, noting that regulatory frameworks in Hong Kong, Singapore, and the US could further support adoption.