Regulated digital asset trading platform 21X brings on Tradevest as its initial market maker, under the oversight of BaFin.
In a groundbreaking move, Tradevest has been appointed as the first market maker for 21X's fully regulated distributed ledger technology (DLT) exchange in the European Union, effective from August 2025. This collaboration marks a critical step in the structural opening of capital markets to blockchain-based securities trading.
As a market maker, Tradevest will play a key role in ensuring the 21X platform offers liquidity and reliable trading for digital assets. Their responsibilities include posting quotes to provide competitive pricing, smooth trading, and transparent price discovery. This partnership is a significant milestone aimed at developing a liquid and efficient secondary market for tokenized financial instruments across Europe.
The 21X platform, operated by 21X, is Europe's first fully regulated DLT-based trading and settlement system. It enables the issuance, trading, and settlement of digital securities, including stocks, bonds, and funds, using smart contracts. The platform's regulation by the Federal Financial Supervisory Authority (BaFin) further underscores its commitment to maintaining a stable trading environment for digital assets.
Dierk Wilhelmsmeyer, the CEO and Founder of Tradevest, and Ralf Wandmacher, the CFO and COO of 21X, are leading their respective companies in this pioneering venture. Both companies aim to ensure that tokenized financial instruments are liquid and can be traded reliably, providing institutional investors with secure access to markets for digital assets.
This partnership demonstrates how traditional financial instruments can be traded securely and efficiently using blockchain technology. It also signals a further integration of traditional capital market processes with blockchain-based trading infrastructure. Potential additional services could include digital custody, onboarding processes for market participants, and the tokenization of additional assets.
The significance of this partnership lies in its pioneering nature. 21X operates what it claims to be Europe's first fully regulated DLT-based trading and settlement system, and the partnership with Tradevest supports the emergence of regulated secondary trading for tokenized stocks, bonds, and funds. This bridges traditional capital markets with blockchain technology, allowing tokenized financial instruments to unlock their full potential through liquidity and reliability.
In summary, the collaboration between 21X and Tradevest strengthens the market structure of the 21X platform and contributes to creating a stable trading environment for digital assets. It is a critical step in the structural opening of capital markets to blockchain-based securities trading, enhancing tradability and regulatory compliance of digital assets on European soil.
| Aspect | Details | |------------------------|---------------------------------------------------------------------------------------------------------| | Current status | Tradevest appointed as first market maker for 21X DLT exchange since August 2025 | | Key role | Market making (posting quotes, enabling liquidity and price discovery) | | Platform significance| 21X is Europe’s first fully regulated DLT-based trading and settlement system | | Partnership potential| Expansion to Tradevest services including digital custody, onboarding, asset tokenization | | Strategic importance| Advances regulated, liquid secondary markets for tokenized financial instruments in Europe |
Read also:
- Comcast Introduces Sports-Oriented Video Bundle in Preparation for the World Cup Tournament
- Social Security Administration Abandons Plan for Electronic Payments: Important Information for Recipients of Benefits
- AI-Powered Transportation Stock's Possible Challenge to Tesla's Autonomous Dreams?
- Ford Incorporates Silicon Valley-esque Innovation in Economical Mid-Size Truck and Shared Platform Strategy
