CandleFocus 21X and Chainlink Partner to Launch First Regulated Tokenized Market in Europe
2024-12-02
Author: Content Editor
The cryptocurrency firm 21X has formed a strategic partnership with Chainlink in preparation for the launch of its tokenized securities trading and settlement system in Europe. This system, regulated by the European Union, will use Chainlink's infrastructure to improve data quality and enable interoperability between different blockchains. The collaboration will also include real-time price data for assets traded on 21X's system and access to assets issued on various blockchain platforms. The launch is scheduled for the first quarter of 2025 and will be supervised by Germany's Federal Financial Supervisory Authority. The partnership aims to promote the adoption of digital assets by institutional investors and establish regulated blockchain markets in Europe.
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