Boerse Stuttgart Wins DLT License for Seturion, but Europe…
By Rick Steves
AI summary of the source article
Boerse Stuttgart Group has received a DLT Trading and Settlement System license under the EU's DLT Pilot Regime for its Seturion platform, permitting it to operate as a digital settlement system for tokenised assets.
Why it matters
Seturion CEO Lidia Kurt stated the authorization enables the platform to build a regulated post-trade system open to European banks, brokers and venues, while Boerse Stuttgart Group CEO Matthias Voelkel framed it as a step toward a more unified capital market.
Key facts
- Boerse Stuttgart Group secured a DLT TSS license under the EU's DLT Pilot Regime via BaFin for its Seturion platform.
- Seturion connects banks, brokers, and venues, supporting public and private blockchains with settlement against on-chain money or central bank money.
- Partners include Société Générale, SG-FORGE, and flatexDEGIRO, with Nasdaq planning to connect its European venues.
Source excerpt · FinanceFeeds
Boerse Stuttgart Group has obtained a DLT Trading and Settlement System license under the European Union’s DLT Pilot Regime, giving its Seturion platform a regulatory basis to operate as a digital settlement system for tokenised assets. The group describes itself as the first European exchange group to obtain a DLT TSS license. That qualifier matters: ESMA’s register already lists other authorised…