ChainCatcher Message, the tokenized asset exchange 21X on Polygon has received approval from the German financial regulator BaFin and plans to launch a tokenized financial instrument exchange in the first quarter of 2025. 🎉 This exchange will offer trading of tokenized equities, debt securities, funds, and real-world assets (RWA) that qualify as financial instruments, such as real estate or artworks. 🏠🎨

It is worth noting that the German Federal Bank, the European Securities and Markets Authority, and the European Central Bank were also involved in this approval process. This development marks a further integration of blockchain technology into the traditional financial sector, providing more possibilities for future market innovations. 🔗