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Nasdaq has partnered with Seturion, a tokenization platform under the Stuttgart Stock Exchange.
Mars Finance News, March 10 — Nasdaq announced that it is collaborating with the Stuttgart Stock Exchange Group’s tokenization settlement platform Seturion, focusing on structured products to support faster settlement of tokenized assets in European capital markets. Seturion supports multiple asset classes on public and private distributed ledger networks, allowing transactions to be settled using central bank funds or on-chain cash. The Stuttgart Stock Exchange stated that Seturion will be open to a broader network of European financial institutions. Over time, the participation scope will expand to include more issuers, brokers, and financial institutions, reducing settlement times and operational complexity in the European market.