Apex Group has been appointed as the first official listing sponsor on 21X, the first licensed distributed ledger technology trading and settlement system in Europe. This partnership will create new opportunities for tokenized funds.
Partnership Between Apex Group and 21X
The partnership will allow Apex to manage the listing process of tokenized funds on 21X’s blockchain-based infrastructure, offering a regulated market for digital securities. This collaboration builds on a previously announced partnership in September 2024.
Comments from Company Executives
21X CEO Max Heinzle stated that the expanded partnership reflects a shared vision to modernize capital markets. He emphasized that Apex's experience and network will be crucial in supporting issuers as they prepare for launch. Apex Group founder Peter Hughes referred to this partnership as a 'strategic step' towards expanding investment opportunities for a broader investor base.
Prospects of Tokenized Assets
As the spring launch of 21X approaches, the platform anticipates unveiling new institutional partnerships that will enhance liquidity and simplify the issuance of tokenized assets. 21X, backed by major institutions, aims to facilitate direct trading between banks, brokers, and other market participants using tokenized assets.
The partnership between Apex Group and 21X opens new horizons for tokenized funds, fostering integration between traditional and digital financial systems.
