PANews reported on December 2 that according to official news, 21X announced that it will soon launch the first EU-regulated financial market infrastructure (FMI) to provide order matching, trading, settlement and registration services for tokenized currencies and securities. At the same time, 21X has signed a strategic partnership with the on-chain financial standard Chainlink. According to the terms of the cooperation, 21X's on-chain trading, matching and settlement systems will use the Chainlink standard to provide data for tokenized assets and promote cross-chain interoperability.
21X and Chainlink will work together to enable real-time quotes of on-chain secondary market buy and sell prices on the first EU distributed ledger technology (DLT) trading and settlement system regulated by the German Federal Financial Supervisory Authority (BaFin). In addition, Chainlink's Cross-Chain Interoperability Protocol (CCIP) plans to become an important part of 21X's multi-chain and cross-chain strategy, enabling 21X members to access assets and stablecoins issued on various blockchain protocols.
