Thomas Zraunig

21X AG is a Frankfurt-based fintech company specializing in digital asset trading and settlement. As a subsidiary of 21.finance AG, 21X is developing a pioneering trading venue that leverages distributed ledger technology (DLT) on a public, permissionless blockchain. This innovative platform aims to facilitate efficient, secure, and direct trading of financial instruments, eliminating traditional intermediaries. In December 2024, 21X secured a license under the European Union's DLT Pilot Regime, positioning itself to launch the first fully regulated exchange for trading and settling digital assets within the EU. The company plans to commence operations of this platform in early 2025, offering institutional investors a trustworthy environment to engage in digital asset trading and settlement. By integrating blockchain technology, 21X seeks to revolutionize financial markets, providing a transparent and streamlined system where investors can interact directly, resulting in faster execution and reduced costs. The platform is designed to support various DLT financial instruments, including stocks, bonds, and fund tokens, and operates under the stringent regulations of the EU DLT Regime to ensure a secure trading environment. Overall, 21X AG is at the forefront of transforming capital markets by combining innovation with regulatory compliance, aiming to democratize financial services and make financial instruments accessible to a broader audience.