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21X Expands Business to the United States, Plans to Apply for SEC Approval to Establish Regulated Blockchain Exchange
Summary: According to FinanceFeeds, leading institution 21X, focusing on regulated on-chain trading and settlement, has announced its entry into the US market, registering an entity in Delaware and establishing a main office in New York. This move is the next phase of its global growth strategy, aiming to create a fully regulated, blockchain-based digital financial instrument ...
According to FinanceFeeds, leading institution 21X, focusing on regulated on-chain trading and settlement, has announced its entry into the US market, registering an entity in Delaware and establishing a main office in New York. This move is the next phase of its global growth strategy, aiming to create a fully regulated, blockchain-based digital financial instrument exchange. 21X has held preliminary discussions with the US Crypto Task Force and the Securities and Exchange Commission (SEC), showcasing its vision of achieving faster atomic settlement, cost reduction, and increased transparency through distributed ledger technology (DLT). Building on the successful launch of its European platform and obtaining a DLT trading and settlement system license, 21X plans to submit an application for SEC approval to replicate its model in the US, trading tokenized stocks, debt instruments, and ETFs in the world's largest capital market.
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Link: 21X Expands Business to the United States, Plans to Apply for SEC Approval to Establish Regulated Blockchain Exchange [Copy]
