TechFlow News — European fintech company 21.finance is building a security token market infrastructure on Polygon PoS, regulated by the European Securities and Markets Authority (ESMA). The 21X platform will support smart contract-based trading and settlement of tokenized stocks, bonds, and funds. Headquartered in Frankfurt, this initiative is currently undergoing national and international regulatory reviews.
Max J. Heinzle, CEO of 21.finance, said they will leverage the technical expertise of the Polygon Labs team and the Polygon ecosystem to enhance tradability and liquidity in the tokenized securities space, driving institutional adoption of the Polygon protocol.
The development of 21X, a compliance-approved security token market infrastructure by ESMA, brings unprecedented innovation to the financial industry.
