Key Data

• Trading Name: 21X
• Legal Entity: 21X AG
• Activities: Blockchain-Powered Exchange
• Location: Germany
• Regulations: regulated
• Key People: Alexander Höptner /Peter Grosskopf

21X is a Frankfurt-based fintech company specializing in a blockchain-powered exchange for tokenized assets, including equities, bonds, and funds. The platform aims to provide a regulated environment for the trading and settlement of digital assets under the European Union’s Distributed Ledger Technology (DLT) Pilot Regime.

Offering

21X provides a blockchain-powered exchange designed to tokenize and trade traditional financial instruments such as equities, bonds, and funds. The platform leverages the European Union’s DLT Pilot Regime to offer secure, transparent, and efficient trading and settlement of digital assets. By bridging the gap between traditional finance and blockchain technology, 21X allows issuers to tokenize assets and access a broader, more inclusive market while providing institutional and retail investors with seamless access to tokenized securities. The platform also integrates advanced compliance tools and regulatory features, ensuring robust protection for participants in line with EU financial regulations.

Legal Entity and Licensing

• Legal Structure: 21X operates as 21X AG, a legally registered entity in Germany with the Legal Entity Identifier (LEI) 529900WC0LESEODR7A83. Iota Finance
• Regulation: 21X AG, a Frankfurt-based fintech, has been granted a comprehensive DLT Trading and Settlement System (DLT TSS)license by the European Securities and Markets Authority (ESMA) and the German Federal Financial Supervisory Authority (BaFin).
  

Compliance Measures

• AML and KYC: 21X is committed to adhering to Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations as mandated by the EU DLT Pilot Regime. These measures ensure user identity verification and help prevent illegal activities.
• Investor Protection: The platform emphasizes robust security protocols and transparency to build trust with regulators and users, aligning with EU regulations on investor protection.

Partnerships and Advisory Support

• KPMG Collaboration: 21X has partnered with KPMG’s Digital Assets Team to assist with the DLT TSS license application, ensuring compliance with the EU’s regulatory framework. KPMG
• eflow Global Partnership: The company has selected eflow Global’s regulatory technology to enhance its compliance strategy, incorporating tools for trade surveillance, best execution, and transaction reporting.

Key People 

21X’s leadership includes Alexander Höptner (Chairman) and Peter Grosskopf (Board Member), both instrumental in launching Germany’s first regulated digital asset exchange at Börse Stuttgart. Thomas Wodnitzki, with 25+ years of experience, serves as Head of Sales. An Executive Advisory Group, featuring industry experts like Dr. Demelza Haysand Julien Bouteloup, provides strategic guidance as 21X advances its blockchain-powered trading platform under the EU’s DLT Pilot Regime.

Conclusion

21X AG is proactively working towards establishing a fully regulated DLT exchange in Europe, demonstrating a strong commitment to compliance with EU financial regulations. Through strategic partnerships and adherence to AML, KYC, and investor protection standards, 21X aims to provide a secure and transparent platform for digital asset trading and settlement.