Nasdaq is enhancing settlement efficiency and reducing fragmentation in European markets by connecting to Seturion, Boerse Stuttgart Group's blockchain-based settlement platform for tokenized assets. This initiative aims to modernize post-trade infrastructure, making settlement faster and cheaper for tokenized securities, particularly structured products. The partnership will also support compliance with European regulations like MiFID II and the DLT Pilot Regime.
Roland Chai of Nasdaq highlighted that tokenization can address fragmentation and inefficiencies in Europe's financial markets, improving settlement processes while maintaining regulatory rigor.
Seturion, launched in September 2025, offers a unified settlement solution for Europe's post-trade ecosystem, facilitating fast, cost-efficient transactions across various asset classes on public and private blockchains. Boerse Stuttgart Group CEO Dr. Matthias Voelkel stated that Nasdaq's involvement is crucial to overcoming national settlement infrastructure silos and realizing a unified European capital market.
Nasdaq also recently announced plans to launch an equity token framework to modernize share ownership and trading infrastructure.