21X is pioneering a new era in capital markets as the first fully regulated blockchain-based exchange in the European Union. Following a historic license award in December 2024 under the EU DLT Regime, 21X launched trading operations in September 2025, marking the "Spotify moment" for capital markets where on-chain trading becomes a reality. The platform enables atomic matching and settlement of tokenized financial instruments including stocks, bonds, and fund tokens, eliminating counterparty and credit risk through smart contract technology.
Headquartered in Frankfurt, Germany, 21X operates on a public permissionless blockchain infrastructure that provides institutional-grade trading with unprecedented transparency and efficiency. The company has already achieved significant milestones, including technical integration with the Stellar network and partnerships with leading financial institutions like DekaBank, ABN Amro, and Apex Group. With plans to expand into the US market and a team of experts spanning digital asset exchanges, capital markets, and regulatory compliance, 21X is positioning itself at the forefront of the tokenization revolution, creating new liquidity and investment opportunities previously inaccessible to market participants.
