21X, a tokenized asset trading platform running on Polygon, has been approved by the German financial regulator BaFin to go online. It plans to launch a tokenized financial instrument trading platform at its headquarters in the first quarter of 2025, and plans to support the trading of tokenized equity, debt securities, funds, and real-world assets (RWA), such as real estate or artworks that qualify as financial instruments. It is reported that in addition to BaFin, the German Federal Bank (Deutsche Bundesbank), the European Securities and Markets Authority (ESMA) and the European Central Bank (ECB) also participated in the approval of 21X. (Coindesk)

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