BX Digital will be branded as SeturionX going forward. The new name reflects its connection to Seturion. As part of Boerse Stuttgart Group, Seturion is building a pan-European settlement platform for tokenized assets open to various trading venues. Switzerland, as one of the world’s most important financial centers, has been involved with SeturionX from the very beginning.
Brand Change Highlights Pan-European Approach
BX Digital AG will be operating under the new company name, Seturion AG, following the rebranding. As a DLT trading system, Seturion AG provides trading of tokenized assets in Switzerland under the brand name SeturionX. At the same time, it offers settlement services based on the technical standard of the pan-European settlement platform Seturion. All settlement processes take place within Switzerland.
"Our previous mission as a regulated trading system for tokenized assets in Switzerland remains unchanged, but the scope is expanding," explains Lidia Kurt, CEO of Seturion. By connecting to the pan-European settlement platform Seturion, market participants in Switzerland benefit from a Europe-wide established settlement standard for tokenized assets and high interoperability.
“With the name SeturionX, it becomes clear that the Swiss DLT trading system is part of our pan-European infrastructure approach and can grow alongside its ongoing development,” adds Lucas Bruggeman, Chairman of the Board of Seturion AG. Regulatory, technological, and operational experience from Switzerland contributes to the evolution of the pan-European settlement platform. “For our clients in Switzerland, we remain the reliable partner on the path to the financial market of the future,” says Lidia Kurt.
