Nasdaq partners with Boerse Stuttgart Group’s Seturion to advance tokenized securities settlement in Europe

Nasdaq announced a partnership with Seturion, the blockchain-based settlement platform from Boerse Stuttgart Group, to connect its European markets and improve the settlement efficiency for tokenized assets. This initiative aims to modernize post-trade infrastructure, reduce fragmentation, and accelerate the adoption of tokenized securities in Europe, initially focusing on structured products. The collaboration seeks to deliver faster, cheaper settlement while ensuring compliance with regulations like MiFID II and the DLT Pilot Regime. Roland Chai of Nasdaq noted that this addresses fragmentation and inefficiency in European markets, aligning with Nasdaq's vision for integrated market infrastructure. Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group, highlighted Nasdaq as the first major partner joining Seturion to break down national settlement silos and foster a unified European capital market. Separately, Nasdaq also revealed plans to launch an equity token framework.

(Source：Crypto Briefing)