FRANKFURT – 2 July 2025: 21X, the first EU-regulated trading and settlement infrastructure for digital assets under the DLT Regime, today congratulates its strategic partner, AllUnity, on receiving its E-Money Institution (EMI) license from the German Federal Financial Supervisory Authority (BaFin) on July 1, 2025. This pivotal achievement marks a significant step forward for the European digital asset ecosystem and is a crucial milestone for 21X’s mission to enable seamless, regulated digital finance.
The BaFin EMI license empowers AllUnity – a joint venture between DWS, Flow Traders, and Galaxy – to issue Germany’s first BaFin-licensed Euro stablecoin, EURAU, in full compliance with the Markets in Crypto-Assets Regulation (MiCAR) framework. This development is profoundly important for 21X, as EURAU is set to become a primary EUR-denominated settlement currency available on the 21X platform.
Max J. Heinzle, CEO of 21X, stated:
“We extend our warmest congratulations to the AllUnity team on this monumental achievement. Their BaFin EMI license is not just a regulatory triumph for AllUnity, but is a foundational building block for the entire regulated digital asset market in Europe.”
He added:
“For 21X, this means we can now integrate a fully compliant, institutional-grade EUR stablecoin for atomic settlement on our platform, significantly enhancing liquidity, accessibility, and trust for our users.”
The strategic partnership between 21X and AllUnity, initially announced in January 2025, aimed to integrate AllUnity’s MiCA-compliant EUR-denominated stablecoin to provide 21X users with a stable and reliable method for entering and exiting trading positions across various digital assets.
Heinzle concluded:
“AllUnity’s EURAU stablecoin, backed by their robust regulatory approval, is a critical component in our strategy to build an accessible, and trusted trading venue for tokenized assets. By offering institutional-grade settlement currencies operating under the MiCA framework, we are lowering the barrier to entry for European banks, brokers, and institutional investors, enabling a truly automated and scalable trading environment for the future of finance.”
This collaboration underscores 21X’s commitment to fostering an open, compliant, and efficient digital asset ecosystem. The availability of an additional regulated EUR-denominated stablecoin like EURAU on 21X will further accelerate the mass market adoption of tokenized assets, bridging the gap between traditional finance and the innovative potential of distributed ledger technology.
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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: https://www.21x.eu/
LinkedIn: https://www.linkedin.com/company/21x/
