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Nasdaq Partners with Stuttgart Exchange’s Seturion for Blockchain-Based Securities Settlement

Nasdaq Partners with Stuttgart Exchange’s Seturion for Blockchain-Based Securities Settlement

Nasdaq collaborates with Stuttgart Exchange Group’s Seturion to accelerate tokenized asset settlements across Europe, leveraging on-chain cash and central bank money for faster and more efficient transactions.

Fact Check
The statement is directly supported by an official press release from Nasdaq (view.news.eu.nasdaq.com) and corroborated by reputable financial news sources like Ledger Insights. All key details, including the partnership with Seturion, the use of blockchain/DLT, and the focus on tokenized securities settlement in Europe, are accurate.
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Summary

Nasdaq has announced a partnership with Stuttgart Exchange Group’s Seturion platform to advance tokenized asset settlements across European markets. Seturion supports multiple asset classes on both public and private distributed ledgers, enabling settlement with central bank money or on-chain cash. The collaboration aims to shorten settlement times, initially focusing on structured products and enhancing operational efficiency in European financial markets.

Terms & Concepts
  • Distributed Ledger Technology (DLT): A digital system for recording transactions across multiple computers in a secure and decentralized manner.
  • Tokenized Securities: Traditional financial assets represented digitally on a blockchain, enabling faster and more transparent trading and settlement.
  • Structured Products: Pre-packaged financial instruments that combine derivatives with traditional securities to meet specific investor objectives.