Tokenization platform Tokeny and smart contract platform 21X have reached a cooperation to promote RWA transactions

According to ChainCatcher, European tokenization platform Tokeny announced that it will cooperate with 21X DLT (distributed ledger technology) trading and settlement system (DLT TSS). This is the first platform to operate under the new EU DLT ecosystem. Tokeny's DINO is an open distribution network for tokens that comply with the ERC-3643 standard. This cooperation will connect DINO to 21X.

21X, a smart contract-based trading platform that provides compliant trading of financial instruments under the EU DLT regime, is said to be working with multiple tokenization companies to enable matching, trading, and settlement of tokenized assets.

Tokeny will be able to facilitate the trading of digital securities and real-world assets (RWAs) through its connection with DINO, which is said to have partnered with more than 50 liquidity platforms.