Luxembourg / Frankfurt, 9 September 2026: 21X – operator of the first exchange licensed as a DLT Trading and Settlement System under the EU’s DLT Pilot Regime – and Investre S.A. – the Luxembourg fintech authorized by the CSSF as a Control Agent under Luxembourg’s Blockchain IV Law – have announced a partnership to bring natively tokenized investment funds to a regulated secondary market.
Through the collaboration, funds issued natively on distributed ledger technology through Investre’s infrastructure will be able to be listed and traded on 21X’s exchange, with on-chain matching and atomic settlement.
For an actively-managed UCITS – a mutual fund, complying with EU regulations that can be traded across EU member states – this opens something the industry has long asked for: An ETF-like experience outside of the burdensome traditional ETF set-up. Fund managers can offer investors intraday tradability of their fund units on a regulated venue, without launching a separate ETF wrapper, appointing authorized participants, or maintaining a parallel product structure. The fund stays as a fund. It simply becomes tradable.
The collaboration connects two regulated pillars of Europe’s digital fund infrastructure: Issuance and servicing in Luxembourg by Investre, and listing and trading in Frankfurt by 21X – both natively on DLT from end to end.
Georges Bock, CEO and Co-founder of Investre, said:
“Tokenization delivers its full value when natively issued funds can also be easily traded. Together with 21X, we are closing that loop. An actively managed UCITS can now be easily accessible like an ETF in the hands of an investor, without the manager having to build an ETF. That dramatically changes the economics of fund distribution.”
Ralf Wandmacher, CFO of 21X, added:
“Natively tokenized instruments that bear the rights to the full economic value of the underlying assets will win over alternative tokenization models. Our partnership with Investre as a licensed control agent under Luxembourg’s Blockchain Law, provides fund issuers with the possibility to list their native fund tokens on Europe’s first regulated on-chain market infrastructure. The combination of an on-chain funds registry and smart contract-based trading on 21X is transforming capital markets through efficiency gains and novel use cases for agentic finance.”
About Investre
Investre S.A. is a fintech authorized by the CSSF as a Control Agent under Luxembourg’s Blockchain IV Law. It provides infrastructure for the native issuance, settlement and servicing of investment funds on distributed ledger technology and is developing MiFID-compliant wallet and safekeeping infrastructure for digital financial assets. Investre serves clients across Europe and also operates Moniflo, a retail investment platform. www.investre.eu
About 21X
21X is a financial institution building regulated tokenized capital markets infrastructure. On September 8, 2025, 21X opened the first authorized distributed ledger technology trading and settlement system (DLT TSS) in the EU, positioning the company as a leader in the transition from traditional to tokenized asset-based capital markets.
21X operates its trading and settlement venue in the EU under BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) and ESMA (European Securities and Markets Authority) oversight. Its infrastructure is designed to operate across multiple distributed ledger networks, adapted to the regulatory requirements of the markets in which it operates. 21X’s platform in the EU enables atomic trading without counterparty risk through smart contract-based issuance, trading and settlement of tokenized stocks, bonds and funds.
See the video on 21X and our blockchain-based exchange here.
Press contact Investre
Latisha Tublani, Marketing & Communications Manager
Mail: Latisha.tublani@investre.eu
Mob: +352621309292
LinkedIn: https://www.linkedin.com/company/investre/
Press contact 21X
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/
