BX Digital rebrands as SeturionX and becomes Seturion AG

BX Digital has changed its corporate identity to SeturionX and will operate under the legal name Seturion AG. The company said the rebrand links its Swiss distributed ledger technology (DLT) trading system to the pan‑European Seturion settlement platform developed by Boerse Stuttgart Group.

Seturion AG will continue to run a regulated DLT trading system for tokenized assets in Switzerland under the SeturionX brand. The firm will also offer settlement services that follow the technical standard used by the broader Seturion platform. All settlement processing for the Swiss business will take place in Switzerland.

Boerse Stuttgart Group is developing a settlement infrastructure intended to be open to multiple trading venues across Europe. By aligning the Swiss trading system with the pan‑European standard, Seturion AG aims to give Swiss market participants access to a common settlement standard and to improve interoperability with other European market operators.

Seturion’s platform targets tokenized assets, enabling trading venues and participants to transact and settle digital representations of securities and other financial instruments. The technical standard underpinning the pan‑European platform is designed to harmonize settlement workflows and to connect trading systems to a single settlement framework.

Lidia Kurt, CEO of Seturion, commented: “Our previous mission as a regulated trading system for tokenized assets in Switzerland remains unchanged, but the scope is expanding.” She added that Swiss regulatory, technological and operational expertise will contribute to the development of the wider settlement network and that Seturion AG will remain a partner for Swiss clients.

Lucas Bruggeman, chairman of the board at Seturion AG, added: “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.”

Switzerland has been involved in the Seturion project from its early stages. Seturion AG will provide the technical and operational interfaces required for Swiss trading venues to connect to the pan‑European settlement infrastructure while keeping local settlement activities under Swiss rules.