21X has been approved by Germany’s BaFin and plans to launch a tokenized financial instruments trading platform in the first quarter of next year
Editor
2024-12-03 19:02 7,631
Share to:
Golden Finance reports that 21X, a tokenized asset trading platform running on Polygon, has been approved by the German financial regulator BaFin to go online. It plans to launch a tokenized financial instrument trading platform at its headquarters in the first quarter of 2025 and plans to support transaction tokenization. of equities, debt securities, funds, and real world assets (RWA) such as real estate or art that qualify as financial instruments. It is reported that in addition to BaFin, the German Bundesbank (Deutsche Bundesbank), the European Securities and Markets Authority (ESMA) and the European Central Bank (ECB) are also involved in the approval of 21X. (Coindesk)