Which blockchain will be primary for EU tokenized securities by end of 2025?
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Chainlink Partners with 21X for Tokenized Securities Trading in EU-Regulated Financial Market Infrastructure
Dec 2, 2024, 02:04 PM
Chainlink has announced a partnership with 21X to establish the first EU-regulated financial market infrastructure. This initiative aims to create Europe’s first tokenized securities trading and settlement system, leveraging Chainlink’s technology. The system will utilize Chainlink's Price Feeds to support 21X's trading engine, while the Cross-Chain Interoperability Protocol (CCIP) will facilitate connections to various assets across the on-chain economy. This collaboration is part of a broader trend of integrating blockchain technology into regulated financial markets, as seen in the Monetary Authority of Singapore’s Project Guardian, which focuses on bridging tokenized assets and enabling cross-border transactions.
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