FRANKFURT, 26 June 2025: 21X, the first financial institution licensed to operate a regulated trading and settlement venue for tokenized financial instruments in the EU under the DLT Regime, today announced a collaboration with Cordial Systems, a leading provider of zero-trust, MPC wallet infrastructure for institutional digital asset custody.
The partnership enables institutional participants to connect to 21X through secure, multi-party computation (MPC)-based wallet infrastructure which combines advanced cryptography with blockchain’s decentralized attributes to offer unparalleled security and privacy. Users of Cordial System’s wallet infrastructure will benefit from seamless access to on-chain markets while retaining full operational control over wallet policy and governance.
Cordial will provide a safe pathway for institutional investors to connect their digital asset wallets to 21X. This approach aligns with 21X’s broader strategy of enabling wallet-native access to regulated primary and secondary markets for tokenized equities, funds, and bonds.
Max Heinzle, CEO of 21X, commented:
“Cordial Systems is helping remove an important barrier to institutional adoption by enabling secure, enterprise-grade wallet connectivity to 21X. Institutions thus have a direct path to trade and settle tokenized securities on-chain without compromising user experience, technology or governance.”
Sebastian Higgs, COO of Cordial Systems, added:
“21X is redefining capital markets infrastructure with a regulated, smart contract-based trading venue that sets a new standard for digital asset markets. We’re proud to support their vision by enabling secure, direct wallet connectivity with Cordial’s fully self-hosted, zero-trust MPC wallet platform. ”
This collaboration reflects the broader institutional shift toward secure, compliant engagement with tokenized financial instruments where regulated trading venues and enterprise wallet infrastructure work in tandem to unlock next-generation capital markets.
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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 (DLT) trading and settlement system (DLT TSS) trading venue, 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.
21X exchange went live on 20th May with the launch of its primary market. It is set to launch its secondary market for peer-to-peer trading and settlement in the coming weeks, bringing the future of capital markets to life.
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: www.21x.eu/
LinkedIn: www.linkedin.com/company/21x/
About Cordial Systems
Cordial Systems delivers on-premise digital asset custody for institutions that demand full control, zero vendor dependencies, and uncompromising security. Its self-hosted MPC wallet infrastructure is built on zero trust architecture—allowing clients to securely store, manage, and transfer digital assets across 50+ blockchains with complete control over keys, data, and policy enforcement.Unlike outsourced wallet providers, Cordial enables true self-custody with enterprise-grade governance, flexible deployment (on-prem, cloud, or hybrid), and seamless integration with institutional identity and access management (IAM) systems. Cordial powers high-assurance digital asset infrastructure for banks, exchanges, fund administrators, and capital markets platforms. Learn more at www.cordialsystems.com
