21X expands its business to the United States and plans to apply for SEC approval to establish a regulated blockchain exchange

ChainCatcher news, according to FinanceFeeds, the leading institution focused on regulated on-chain trading and settlement, 21X, has announced its entry into the U.S. market, having registered an entity in Delaware and established its main office in New York.

This move is the next phase of its global growth strategy, aimed at establishing a fully regulated, blockchain-based digital financial instrument exchange. 21X has had preliminary discussions with the U.S. Crypto Task Force and the U.S. Securities and Exchange Commission (SEC), showcasing its vision for faster Atomic Settlement, reduced costs, and increased transparency through Distributed Ledger Technology (DLT).

Building on the successful launch of its European platform and obtaining a DLT trading and settlement system license, 21X plans to submit an application for SEC approval in hopes of replicating its model in the U.S., the world's largest capital market, trading tokenized stocks, debt instruments, and ETFs.