TechFlow News, March 10: According to The Block, Nasdaq has partnered with Seturion—the tokenized settlement platform operated by Boerse Stuttgart Group—to advance the application of security tokenization in Europe.
Under this partnership, Nasdaq’s European trading venues will be connected to Seturion’s blockchain platform, enabling trading and settlement of tokenized securities. The initial phase focuses on structured products, with plans to expand to additional asset classes and market participants in the future. The Seturion platform supports all asset classes across both public and private blockchains.
Roland Chai, President of Nasdaq European Market Services and Head of Digital Assets, stated that tokenization presents a transformative opportunity to address inefficiencies in settlement and securities processing workflows.
