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Max J Heinzle today celebrated the launch of 21X, the world's first exchange to enable smart contract-based matching and settlement, establishing a new global benchmark for capital markets
Max J Heinzle today celebrated the launch of 21X, the world’s first exchange to enable smart contract-based matching and settlement, establishing a new global benchmark for capital markets GNW

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– Pioneering digital asset exchange is the first regulated financial market infrastructure globally to enable atomic trading and settlement of securities –

Financial Post

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Frankfurt, Germany, Sept. 08, 2025 (GLOBE NEWSWIRE) — Heralding a new era for global capital markets, 21X has today announced the launch of its exchange for tokenized cash and securities. As the world’s first exchange to enable smart contract-based matching and settlement, 21X has established a new global benchmark for capital markets, under the oversight of BaFin, Bundesbank and ESMA.

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With the backing of industry players at launch including Chainlink, Circle, Polygon and SBI Digital Markets, 21X has developed a more efficient and accessible financial market infrastructure powered by blockchain technology. Other early supporters of the company on its journey to global tokenized capital markets include ABN Amro, Apex Group, Future Processing, Stellar and Tradevest. For a full list of partners, visit www.21X.eu/#partners

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This announcement follows the successful opening of 21X’s primary market in May, which saw the listing of the first tokenized note. Today’s secondary market launch is a logical next step in creating an operational and liquid trading platform in an open ecosystem, positioning 21X at the intersection of decentralized and traditional finance.

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Investors can now use stablecoins, other forms of digital cash and fiat money to buy and sell tokenized assets on 21X following participation by the company in trials of the European Central Bank. Order matching and settlement take place within two seconds compared to traditional settlement times of days or even weeks.

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Unlike traditional and other digital asset exchanges – including recently announced projects – 21X democratises access to any types of participants, including corporate clients and institutional investors, in addition to banks and financial institutions. This enables entirely new uses and business cases.

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The platform ensures trading activities uphold the same standards of security, compliance, and transparency known from traditional financial systems while setting a new benchmark for trust, efficiency and interoperability in digital finance. Currently operating weekdays from 8am to 5pm CET, 21X will soon expand to 24/7 trading to meet the needs of a global industry.

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Max J. Heinzle, founder and CEO of 21X, stated: “The launch of 21X marks the ‘Spotify moment’ for capital markets where on-chain is the new online. For the very first time a security trade is settled atomically, peer-to-peer, in real time, no longer requiring central securities depositary nor clearing services. 21X compresses capital market workflows and can reduce participant costs by more than 50 percent, while enabling wallet-‑based access – whether in self-custody or via a third party. 21X is testament to what’s possible when you move fast and leverage the latest technology.”

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