Swiss crypto bank Amina is joining an EU blockchain-based securities settlement platform, Cointelegraph reported on March 9.
Amina was listed as the first official bank participant in the 21X platform, which operates under EU regulation.
21X is a blockchain-based market operating under the EU DLT (distributed ledger technology) pilot regime and supports the issuance and trading of tokenised securities. Amina plans to work with Luxembourg-based tokenisation technology firm Tokeny to help companies issue tokenised securities.
The expansion of blockchain-based financial markets is also under way in the global financial sector. In the United States, BNY, Nasdaq and S&P Global are supporting the expansion of the Canton Network, and regulated blockchain exchanges such as 21X are also emerging in Europe.
Earlier this year, Kraken began tokenised securities trading for European users, and Ondo also won approval to trade tokenised shares in Liechtenstein.
Chi-gyu Hwang
delight@d-today.co.kr