May 17, 2024

21X announced as participant in Tech Quartier program to shape the future of finance

21X announced as participant in Tech Quartier program to shape the future of finance
21X announced as participant in Tech Quartier program to shape the future of finance

FRANKFURT, 17 May 2024: 21X - a DLT market infrastructure for the trading of digital assets which has applied for a license to operate a DLT-based trading and settlement system under the European Union’s DLT regime - has today confirmed that it has been selected to take part in the inaugural TQ Accelerator Program: Digital Finance for 2024, run by TechQuartier (TQ), a leading innovation hub in Frankfurt

This initiative aims to bridge the gap between fintech corporates and startups, fostering an open dialogue and collaboration in order to implement new technologies which will create tangible solutions for the finance industry.

Based in Frankfurt, the most important financial hub in continental Europe, the prestigious TQ Accelerator Program: Digital Finance initiative brings together leading corporations and innovative startups such as 21X to collaboratively shape the future of finance. Throughout the program – taking place between May and July 2024 - 21X will gain invaluable resources and experiences allowing the company to:

• Gain exposure to key industry players and potential partners in Frankfurt's thriving financial centre;

• Access a wealth of financial knowledge and regulatory expertise from seasoned professionals;

• Build strong relationships with engaged corporate representatives and fellow finTech enthusiasts; and

• Prepare to showcase 21X's groundbreaking vision for secure and regulated digital asset trading at the program's grand finale - The Pitch Arena.

Max J. Heinzle, CEO at 21X, stated:

“As we work towards securing our license to operate an EU-wide DLT trading & settlement infrastructure, it is important that we seize every opportunity to work with like-minded finance-focused organisations to further understand the market, explore opportunities and draw upon their knowledge and experiences.
“By doing this we can ensure we are building an ecosystem that exactly fits the demands of the industry the moment we push the go-live button to launch our platform. In the TQ Accelerator program, we know we have found that vehicle and we look forward to working with our peers to achieve this goal.”

Commenting on the launch of TQ Accelerator Program: Digital Finance, Dr. Sebastian Schäfer, Co-Founder and Managing Director of TechQuartier, said:

“We are excited to launch the TQ Accelerator: Digital Finance program, which represents a unique opportunity to bring together innovators from both the corporate and startup worlds. For seven weeks, we will shine the spotlight on innovative solutions, build lasting collaborations and jointly shape Frankfurt's financial centre of tomorrow.”

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About 21X

21X is a Frankfurt-based fintech, developing a blockchain-powered exchange for tokenized assets, which will operate under the regulatory supervision of the European Securities and Markets Authority (ESMA).

With the institutional adoption of tokenized securities, 21X is ideally positioned to enable smart contract-based issuance, trading and settlement of tokenized stocks, bonds and funds. 21X has submitted its license application to operate a DLT trading and settlement system (DLT TSS) and is expected to be one of the first companies authorized to operate under the EU DLT regime.

See the short explainer video on 21X and our blockchain-based exchange here.

For more information on 21X, contact:

Richie MacTaggart, head of PR & Marketing
Mob: +44 7828 173419