21X, based in Frankfurt, gains approval for Europe’s first fully regulated blockchain trading system.

21X, a Frankfurt-based company, has received a license from BaFin, Germany's financial regulator, to operate Europe's first fully regulated blockchain trading and settlement system. This marks a significant advancement for the tokenized securities market, which could reach over $30 trillion by 2030. The exchange, set to launch in early 2025, will offer trading for tokenized assets including equities, debt, funds, and real estate, all under a robust EU regulatory framework.

December 03, 2024
5 Articles

Further Reading