New Madrid hub positions German crypto infrastructure firm to capture growing adoption among banks and investors
The blockchain-based Seturion platform is designed to unify post-trade systems for tokenized assets and reduce settlement costs by up to 90%.
Germany’s BISON trading venue now supports LDO, BNB, AVAX, ONDO, PEPE and NEAR.
The platform, utilizing Ethereum’s blockchain, aims to streamline transactions for tokenized financial instruments and enhance capital market efficiency.
The collaboration comes as part of the exchange’s plan to expand partnerships with major financial institutions.
The exchange, which now boasts over one million crypto trading clients, has been expanding its cryptocurrency offerings since 2019.
Boerse Stuttgart Group CEO Matthias Voelkel expressed a bullish stance on cryptocurrency, disclosing personal Bitcoin holdings.
Börse Stuttgart Group’s blockchain test, in collaboration with the European Central Bank, aims to revolutionize securities transactions by reducing settlement times to minutes.