Financial reports or announcements from 21X

Chainlink Partners with 21X for Tokenized Securities Trading in EU-Regulated Financial Market Infrastructure

Dec 2, 2024, 01:53 PM

Chainlink has announced a partnership with 21X to launch Europe's first EU-regulated financial market infrastructure. This initiative will feature a tokenized securities trading and settlement system, utilizing Chainlink's standards. The trading engine of 21X will be supported by Chainlink's Price Feeds, while the Cross-Chain Interoperability Protocol (CCIP) will facilitate connections to assets within the on-chain economy. This development is part of a broader trend in decentralized finance (DeFi), which is increasingly reshaping traditional banking practices and gaining mainstream acceptance, particularly in 2025.