• 21X extends its regulated trading and settlement system to Stellar as part of its multichain strategy.
• Financial institutions in the EU can now list and trade tokenized securities on Stellar.
• The launch highlights growing institutional adoption of blockchain-based capital markets.

21X, the operator of Europe’s first fully regulated Distributed Ledger Technology Trading and Settlement System (DLT TSS), has officially expanded its services to the Stellar network.

The announcement was made at the Fireblocks SPARK’25 event in Barcelona, a gathering of leading financial institutions and technology providers.

With this move, financial institutions in the European Union gain the ability to list and trade tokenized securities on Stellar within a regulated secondary market for the first time.

This step represents the start of 21X’s multichain expansion strategy. The company positions itself as a technology-agnostic market infrastructure provider, designed to meet the demands of institutions operating across multiple blockchain platforms.

Having already launched its regulated secondary market in September 2025, 21X has now selected Stellar as its second supported public blockchain.

Stellar Brings Liquidity and Compliance

Stellar was chosen because it has been proved and capable of hosting tokenized real-world assets at scale. As Max J. Heinzle, Chief Executive of 21X, describes, the multichain model is the manifestation of institutional interest in performance, compliance, and a matured ecosystem. Stellar was seen to provide all three and thus the logical next step.

The combination offers market participants speed, security, and scale accessibility. Financial institutions can access Stellar’s established issuer base, tokenized assets, and regulated stablecoins.

This architecture lays the foundation for a compliant and liquid market. Availability of the platform for investors is expected by the end of the year 2025, which will open up possibilities for institutions seeking to tokenize stocks, bonds, and funds.

Denelle Dixon, the Chief Executive of the Stellar Development Foundation, stressed the pioneering tokenization done by Stellar. She cited that the network had already facilitated the first regulated money market fund and the addition of 21X onto the stellar expansion was a further testament of it being institutional ready.

Building the Future of On-Chain Finance

The rollout also introduces a central limit order book (CLOB) built natively on Stellar. Deterministic matching and atomic settlement are enabled through compliant stablecoins within an order book, enabling the traditional finance-like experience of trading that occurs entirely on-chain.

With the confluence of blockchain and regulatory clearance, 21X aims to provide the freedom and choice that institutions need to deal with the future of the capital markets.

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