Frankfurt, 2nd December 2024: 21X, soon to launch the first EU-regulated financial market infrastructure (FMI) to provide order matching, trading, settlement and registry services for tokenized money and securities, today announced that it has signed a strategic partnership with Chainlink, the standard for onchain finance.
Under the terms of the collaboration, 21X’s on-chain trading, matching, and settlement system will leverage the Chainlink standard to enrich tokenized assets with high-quality data and facilitate cross-chain interoperability.
Together, 21X and Chainlink will enable on-chain secondary market price feeds for bid and ask prices on the first EU-regulated distributed ledger technology (DLT) trading and settlement system, which will be launched under the supervision of BaFin, Germany’s Federal Financial Supervisory Authority. In addition, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is planned to become an integral part of 21X’s multi- and cross-chain strategy as it will enable 21X members to access assets and stablecoins issued on a variety of blockchain protocols.
Max Heinzle, founder and CEO of 21X, said:
“We are delighted to announce our partnership with Chainlink as we put in place all the elements required to launch Europe’s first tokenized securities market infrastructure under the EU’s DLT Regime.”
“We will launch 21X in Q1 2025 on a public permissionless blockchain and look forward to making a variety of tokenized assets accessible to our clients and prospects through CCIP. In addition, Chainlink will provide secure and accurate price data feeds for listed products on 21X.”
Angie Walker, Global Head of Banking and Capital Markets at Chainlink Labs, stated:
“We’re excited to partner with 21X and help foster the adoption of regulated blockchain-based markets across Europe. Reliability and security are paramount when transacting within regulated environments, and Chainlink’s infrastructure provides valuable support for enhancing the user experience of 21X’s tokenized securities market infrastructure.”
“By leveraging the Chainlink standard, 21X will ensure its matching and settlement system is underpinned by highly accurate and reliable market data, while CCIP will enable users to access a wide variety of assets from across the digital asset economy.”
About 21X
21X is a Frankfurt-based fintech, developing a blockchain-powered exchange for tokenized assets, which will operate under the regulatory supervision of the European Union (EU).
With the institutional adoption of tokenized securities, 21X is ideally positioned to enable smart contract-based issuance, trading and settlement of tokenized stocks, bonds and funds. 21X has submitted its license application to operate a DLT trading and settlement system (DLT TSS) and is expected to be one of the first companies authorized to operate under the EU DLT regime.
See the short explainer video on 21X and our blockchain-based exchange here.
About Chainlink
Chainlink is the standard for onchain finance, verifiable data, and cross-chain interoperability. Chainlink is unifying liquidity across global markets and has enabled over $17 trillion in transaction value across the blockchain economy. Major financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink to power next-generation applications for banking, asset management, and other major sectors. Learn more by visiting chain.link.
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/
