Approval Secured โ : 21X, a tokenized asset exchange on the Polygon network, has gained approval from Germany's BaFin (Federal Financial Supervisory Authority).
Launch Date ๐ : The exchange is set to launch in early 2025 from its headquarters in Frankfurt, Germany.
Tokenized Assets ๐: The platform will facilitate trading of tokenized financial instruments like equity, debt securities, funds, and real-world assets (RWA) such as real estate and art.
Focus on Innovation ๐ก: By leveraging blockchain technology, 21X aims to create a more efficient, transparent, and accessible trading environment.
Strategic Location ๐: Frankfurt, a major European financial hub, offers robust infrastructure and regulatory support, enhancing the exchangeโs credibility.
Compliance and Security ๐: BaFin's approval ensures that 21X will adhere to stringent regulatory standards, making it a reliable platform for investors.
This approval marks a major milestone in the tokenized asset space, shaping the future of digital finance! ๐