FRANKFURT, 29 May 2025: 21X, the first financial institution licensed under the EU DLT Regime to operate a fully regulated trading and settlement venue for tokenized financial instruments, has welcomed Brick Towers as a trading participant on its blockchain-based infrastructure. The announcement follows the successful go-live of 21X’s regulated primary market last week, marking a new phase in institutional adoption of blockchain-enabled capital markets.
Brick Towers is a leading, global institutional-grade infrastructure provider within the digital asset universe. Leveraging distributed ledger technology, it offers clients diverse opportunities to actively participate in and earn native rewards from the rapidly emerging digital asset landscape. The company is onboarding as a trading participant with the goal of managing its own treasury reserves using tokenized fund instruments – starting with USD-denominated money market funds – in a secure, regulated environment.
As a trading participant, Brick Towers can trade tokenized securities such as the recently launched USMO – Money Market Token on 21X. All transactions are executed and settled on-chain, with regulatory oversight and infrastructure in accordance with the EU DLT Regime.
Max Heinzle, CEO of 21X, said:
“Brick Towers is a great example of a forward-leaning, digital-native trade participant focused on putting its Stablecoin treasury to work by investing in yield-bearing instruments on-chain. Their onboarding underscores the shift from proof-of-concepts to live treasury use cases in tokenized capital markets.”
Ralph Hofacker, Co-Founder & Co-CEO of Brick Towers, added:
“Joining 21X allows us to access tokenized fund instruments for treasury management with real-time settlement and institutional-grade compliance. Our initial focus is on USD-denominated instruments, with the potential to expand further as the market matures – including providing tokenized securities to our customers.”
This collaboration reflects the growing institutional demand for secure and regulated access to tokenized financial instruments — especially for treasury, liquidity, and fund allocation workflows.
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About Brick Towers
Brick Towers is a Swiss digital asset infrastructure firm bridging decentralized finance and traditional institutions. Founded in 2023, it enables institutional clients to access native yield strategies such as staking, restaking, and tokenized treasury products. With deep expertise in banking-grade infrastructure and smart contracts, the team delivers secure, compliant platforms for on-chain capital deployment. Brick Towers is also developing urble, a next-generation savings app bringing intuitive, resilient wealth-building to individuals. Its mission: to reimagine savings and infrastructure where trust is not assumed—but encoded.
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 enables 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/
