Unit of Stuttgart bourse gets OK for blockchain-based trading system in Switzerland

Exciting news from Switzerland! FINMA has given the green light to BX Digital, a subsidiary of the Stuttgart Stock Exchange, to create a groundbreaking blockchain-based trading platform using Ethereum technology. This innovative platform will facilitate the direct transfer and settlement of tokenized assets like shares, bonds, and funds, eliminating the need for traditional intermediaries. CEO Lidia Kurt envisions BX Digital leading the charge in digital asset trading and decentralized settlements, with a launch expected within six months. The platform’s integration with the Swiss National Bank’s payment system promises enhanced banking interoperability, marking a significant advancement in the European capital market. Don’t miss out on this pivotal development in modern finance!

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