Nasdaq partners with Boerse Stuttgart on tokenized securities settlement

Nasdaq is partnering with Seturion, the tokenized securities settlement platform from Germany's Boerse Stuttgart Group, to connect European exchange infrastructure, Cointelegraph reported. The collaboration aims to support blockchain-based settlement for tokenized securities, beginning with structured products. The goal is to improve settlement speeds and address infrastructure fragmentation within European capital markets. Previously, Nasdaq announced a partnership with Kraken to support tokenized stock settlement services.