21X, Europe’s regulated DLT Trading and Settlement System (DLT TSS), has announced the technical availability of its regulated trading venue for tokenized securities on the Stellar network. This milestone confirms Stellar as the second public blockchain available on 21X, cementing the company’s “position as a technology-agnostic market infrastructure under the EU DLT Pilot Regime (DLTPR).”
The integration of Stellar marks a key moment “for adoption of on-chain finance, providing the market with access to a high-performance network and a leading protocol in digital asset issuance.”
It is also a sort of vindication of the “productive collaboration between the two companies.”
With the integration of Stellar, FIs will be able to “list, trade and settle DLT financial instruments on a European trading venue for the first time on that network.”
21X’s offering – an on-chain central limit order book that is “enabling deterministic matching and atomic delivery versus payment (DvP) in MiCAR-compliant stablecoins – is ready on Stellar.”
Max J. Heinzle, CEO of 21X, commented that 21X becomes a multi-chain venue, underscoring their commitment to “building the infrastructure for institutional finance.”
Capital market players require performance, compliance, and efficiency.
By integrating Stellar, they are “enhancing their solution to a network purpose-built for financial services, which offers the stability clients demand.”
This is the realization of their vision to “create a global and regulated pathway for the tokenization of real-world assets, in an open, interoperable ecosystem.”
The Stellar network shows institutional adoption and “focus on compliance-forward real-world assets.”
Stellar has solidified its position as a “chain for tokenization, with its RWA market cap surpassing $640 million and $5.4 billion in RWA cross-border payments volume recorded in Q3 2025 alone.”
FIs are actively leveraging Stellar as the network hosts “a stablecoin ecosystem, ensuring a regulated settlement environment for 21X participants.”
Denelle Dixon, CEO and Executive Director at the Stellar Development Foundation, added that “21X going live on Stellar is a milestone for tokenized real-world assets.”
The Stellar network is where the “regulated tokenized money market fund launched and having Europe’s regulated trading and settlement system for tokenized securities also on Stellar is further proof that the Stellar network is the network for institutional-grade tokenized finance.”
While 21X and the Stellar Development Foundation continue their ongoing collaboration, the first Stellar-based listings on 21X are “expected to be in the spring of 2026.”
