21X Secures Groundbreaking License for DLT Trading System – A Milestone for Europe

21X has become the first company to receive a BaFin-issued license for a fully regulated blockchain-based trading and settlement system. This marks a pivotal moment for European capital markets, highlighting the growing momentum of distributed ledger technology (DLT) in the financial sector.

The company plans to launch its Frankfurt-based platform in Q1 2025, enabling the trading of tokenized assets, including securities, funds, and real-world assets, all within the robust regulatory framework established by the EU.

As a leading RegTech provider, LPA Lucht Probst Associates has long supported international asset managers in navigating regulatory compliance and automating reporting processes, particularly for high-growth areas such as ETPs and ETNs. We congratulate 21X on this milestone, which will shape the future of tokenized capital markets.