Boerse Stuttgart Group launches blockchain settlement platform for cross-border transactions of tokenized assets in Europe. Seturion platform supports both public and private blockchains, already tested by local banks in blockchain trials with ECB. Real-world assets surge as tokenization gains traction across Europe, with banks, fund managers, and fintech startups experimenting under EU’s DLT Pilot Regime framework.

Taurus, a startup backed by Deutsche Bank, launches Solana-based custody and issuance platform in Switzerland. Robinhood introduces tokenization-focused layer-2 on Arbitrum for European customers. Switzerland’s Backed Finance expands xStocks platform to Ethereum, adding tokenized versions of 60 US equities. BlackRock’s BUIDL tokenized money market fund launched in March 2024, pays daily accrued dividends to investors on Solana blockchain.

SkyBridge Capital to tokenize $300 million in assets on Avalanche, doubling the network’s real-world asset base. Tokenization trend extends globally, with various platforms and financial institutions embracing blockchain technology for asset tokenization.

Read more at Cointelegraph: Boerse Stuttgart launches Seturion for tokenized asset settlement in Europe