21X receives approval from Germany’s BaFin to launch tokenized financial instruments exchange in Q1 next year
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Foresight News reported that according to CoinDesk, the tokenized asset trading platform 21X, which runs on Polygon, has received approval from the German financial regulator BaFin to launch. The company plans to launch a tokenized financial instrument exchange at its Frankfurt headquarters in the first quarter of 2025, aiming to trade tokenized equity, debt securities, funds, and real-world assets (RWA) such as real estate or art that qualify as eligible financial instruments.
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