Today, industry-standard oracle platform Chainlink and the first EU-regulated onchain exchange, 21X, announced that 21X has officially adopted the Chainlink standard to deliver market data onchain for its tokenized securities.
The integration is live on the public Polygon blockchain and powered by the Chainlink Runtime Environment (CRE) – a flexible, modular, chain-agnostic computing environment that makes it faster and easier to build decentralized applications that are compatible with existing financial systems.
Chainlink’s real-time verifiable market data – including best bid and ask prices with corresponding quantities, as well as the last traded prices for securities listed on 21X – unlocks a variety of use cases for EU-regulated tokenized equities, debt securities, and funds, such as collateral in lending protocols and automated portfolio rebalancing.
21X is a Frankfurt-based financial institution and the first blockchain-based exchange for tokenized securities licensed under the EU’s DLT Regime. Last year, 21X announced a strategic partnership with Chainlink to enrich tokenized assets with high-quality data and facilitate cross-chain interoperability. Trading began on the platform when it officially launched last week.
Using Chainlink’s hyper-reliable oracle infrastructure, which has facilitated over $25 trillion in transaction value and secures nearly $100 billion throughout DeFi, 21X’s market data is automatically retrieved from onchain contracts, aggregated, and published in a standardized, machine-readable format on the Polygon network, where it is seamlessly accessible by market participants, custody providers, DeFi protocols, and risk management systems.
“By integrating Chainlink into our regulated DLT trading venue, we’re delivering the transparency, auditability, and collateral utility that institutions require to move onchain,” said 21X CEO Max Heinzle in an official announcement. “Adopting Chainlink is a foundational step in bridging traditional capital markets with the blockchain economy.”
“We’re excited that 21X, the first fully regulated onchain market for trading and settlement, has adopted the Chainlink data standard,” said Fernando Vazquez, President of Banking and Capital Markets at Chainlink Labs.
“With Chainlink making 21X’s EU-regulated tokenized securities more usable across the onchain economy and helping bring institutional-grade assets to DeFi protocols across the globe, this is a pivotal moment for the blockchain economy as it opens the floodgates of institutional capital to flow onchain.”
To learn more about 21X, visit their website, X, and Telegram.