21X Launches Groundbreaking Tokenized Securities Exchange Under EU Regulatory Oversight
Berlin-based 21X has unveiled the world's first regulated exchange for atomic settlement of tokenized securities, marking a watershed moment for blockchain integration in capital markets. The BaFin and Bundesbank-supervised platform combines smart contract execution with traditional market infrastructure, creating what executives describe as 'the Spotify moment for securities trading.'
Backed by industry heavyweights including Chainlink, Circle, and Polygon, the exchange supports trading of digital assets against stablecoins and fiat currencies. The launch follows May's successful debut of its primary market for tokenized notes, now expanded to secondary trading with participation from ABN Amro and SBI Digital Markets.
This hybrid model bridges decentralized finance with institutional-grade compliance, offering sub-second settlement through blockchain rails while maintaining ESMA oversight. Market participants gain exposure to tokenized assets without compromising regulatory safeguards - a critical breakthrough for mainstream adoption.