
Boerse Stuttgart Group secures a DLT Trading and Settlement System license from BaFin under the European Union regulatory framework. The regulatory green light enables the digital settlement platform Seturion to expand its operations across Europe as a pioneer in pan-European settlement innovation. Backed by strategic partners like Nasdaq and Societe Generale, Seturion addresses fragmentation in traditional post-trade markets by connecting banks and brokers in a unified ecosystem. The platform slashes settlement costs by up to 90% while achieving near-instantaneous speeds without needing a central securities depository. The landmark approval marks a major leap toward transforming a fragmented landscape into a unified European capital market using distributed ledger technology.
