FRANKFURT, 15 May 2025: 21X – the first financial institution licensed under the EU DLT Regime to operate a regulated trading and settlement venue for tokenized securities – has entered a partnership with Quantoz Payments, a licensed Dutch e-money institution (EMI) and issuer of stablecoins designed to be compliant with MiCA regulation.
Quantoz, based in Utrecht, issues three fully backed Electronic Money Tokens (EMTs) EURQ, USDQ, and EURD. Through this partnership, 21X will enable secondary market trading of tokenized securities to be atomically settled with Quantoz-issued stablecoins.
The partnership is built on a shared commitment to building an open, secure, and compliant financial ecosystem for tokenized assets. While 21X provides the venue and infrastructure for primary issuance, secondary trading, and atomic settlement, Quantoz brings significant operational experience issuing EMTs under MiCA and adds additional settlement currencies to the 21X ecosystem.
Max Heinzle, CEO of 21X, stated:
“We are excited to collaborate with Quantoz for cash settlement on 21X, enabling their regulated stablecoins to be used for trading pairs on our venue. The institutional focus and MiCA regulation of Quantoz in Europe create a strong synergy with 21X’s position as a regulated market infrastructure.”
Henri de Jong, Co-founder of Quantoz, added:
“Our partnership with 21X offers a unique value proposition to our professional and institutional client base and marks an important step in bringing regulated stablecoin infrastructure to tokenized capital markets. As institutional interest in tokenized securities continues to grow, we see increasing demand from banks, asset managers, and corporate treasuries for regulated trading and settlement within the European legal framework. We provide a secure and compliant environment where token holders benefit from access to a global network of more than 30 exchanges, ensuring broad liquidity and international reach.”
This collaboration addresses growing institutional demand for trusted, EU-regulated infrastructure to support the next generation of trading and settlement services. This partnership will facilitate the use of Quantoz-issued EURQ and USDQ as settlement instruments within the 21X ecosystem. By enabling instant settlement of the cash leg, stablecoins play a central role in facilitating efficient, secure and atomic transaction flows in tokenized capital markets.
About 21X
21X is a Frankfurt-based financial institution at the forefront of revolutionizing capital markets through the use of blockchain technology. In December 2024, 21X secured a license to operate its groundbreaking distributed ledger technology trading and settlement system (DLT TSS) a milestone that places the company as a leader in the transition to digital finance. The company is ideally positioned to enable smart contract-based issuance, trading and settlement of tokenized stocks, bonds and funds.
See the short explainer video on 21X and our blockchain-based exchange here
For more information on 21X, contact:
Richie MacTaggart, head of PR & marketing
Mail: press@21X.eu
Mob: +44 7828173419
Web: https://www.21x.eu/
LinkedIn: https://www.linkedin.com/company/21x/
About Quantoz Payments
Founded in 2021, Quantoz Payments is a Netherlands-based Electronic Money Institution (EMI) licensed by the Dutch Central Bank (DNB). The company issues USDQ, a US dollar-backed E-Money Token (EMT), and two euro-backed EMTs, EURQ and EURD. Customer funds are safeguarded by Stichting Quantoz, a bankruptcy-remote entity that complies with MiCA requirements. Both Quantoz Payments and Stichting Quantoz operate under the prudential supervision of DNB.