Germany’s financial regulatory authority, BaFin, has granted approval for 21X, a Frankfurt-based exchange, to begin trading tokenized securities. This milestone positions 21X as a key player in the European financial market, particularly in the burgeoning sector of blockchain-based trading platforms.
21X’s platform will allow the trading of tokenized assets including equity and debt securities, investment funds, real estate, and artworks. By tokenizing these traditional assets, 21X aims to simplify