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coinpedia 2024-12-02 14:27:45

21X Announces Strategic Partnership With Chainlink To Launch EU Regulated Financial Market Infrastructure

The post 21X Announces Strategic Partnership With Chainlink To Launch EU Regulated Financial Market Infrastructure appeared first on Coinpedia Fintech News 21X has announced a strategic partnership with Chainlink and aims to launch an EU-regulated financial market infrastructure that will provide order matching, trading, settlement, and registry services for tokenized money and securities. 21X, in collaboration with Chainlink, will implement on-chain secondary market price feeds for bid and ask prices. This initiative represents a significant advancement as it will support the first EU-regulated distributed ledger technology (DLT) trading and settlement system, which is set to be launched under the oversight of BaFin, Germany’s Federal Financial Supervisory Authority.

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