21X Approved to Launch a Regulated Asset Tokenization Platform

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21X, a German fintech company, has made history by becoming the first entity to receive a license from the European Union to operate a fully blockchain-based trading platform.

This groundbreaking achievement signifies a major step forward in the regulation of tokenized financial instruments.

By obtaining the license from BaFin, the German financial supervisory authority, 21X has paved the way for a new era of tokenized capital markets.

This milestone not only enables 21X to launch its innovative platform but also sets a precedent for other market participants seeking to leverage blockchain technology for regulated financial services.