On Monday, Chainlink announced via X that 21X, Europe’s first tokenized securities trading and settlement system, has adopted the Chainlink standard. 21X’s on-chain trading, matching, and settlement system will leverage the Chainlink standard to enrich tokenized assets with high-quality data and facilitate cross-chain interoperability.
21X and Chainlink will enable on-chain secondary market price feeds for bid and ask prices on the first EU-regulated distributed ledger technology (DLT) trading and settlement system, which will be launched under the supervision of BaFin, Germany’s Federal Financial Supervisory Authority.
Furthermore, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is planned to become an integral part of 21X’s multi- and cross-chain strategy as it will enable 21X members to access assets and stablecoins issued on various blockchain protocols.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 25% over the past 24 hours, trading at $24.98.