ABN AMRO and 21X Complete Onchain Trade of Tokenized Assets
- Dutch bank ABN AMRO conducted an onchain trade with Germany-regulated 21X.
- The trade involved tokenized assets against stablecoins.
- A joint proof of concept was completed on the Polygon Amoy Testnet.
- 21X’s smart contract facilitated trading in a single transaction.
- 21X received approval from German regulator BaFin in December.
ABN AMRO and 21X successfully executed a proof of concept for trading tokenized assets against stablecoins using the Polygon Amoy Testnet, enabled by 21X’s on-chain order book smart contract.
Source (2.6)https://www.coindesk.com/business/2025/01/30/abn-amro-21x-conduct-onchain-trade-of-tokenized-assets-against-stablecoins?rand=52298