Amina joins EU regulated blockchain securities market
Swiss crypto bank Amina has joined the EU-regulated blockchain securities platform 21X as its first regulated banking participant, linking traditional financial institutions with a tokenised capital markets infrastructure.
The Zug-based bank said the move allows it to support companies issuing tokenised securities on 21X through a partnership with Luxembourg-based tokenisation technology provider Tokeny.
21X received approval under the European Union’s Distributed Ledger Technology pilot regime in December 2024, enabling the platform to operate a regulated market for blockchain-based securities within a regulatory testing framework.
The collaboration aims to address a key barrier to institutional adoption of tokenised assets by connecting regulated banks with platforms that issue and trade blockchain-based financial instruments.
Industry observers have noted that interoperability between tokenised asset platforms remains a challenge, with Baker McKenzie partner Yves Mauchle stating that:
“Scale will only be achieved when numerous market players are transacting with each other on common or interconnected platforms.”
Introduced in 2023, the EU’s DLT pilot regime allows financial market operators to experiment with blockchain-based trading and settlement systems while regulators assess how the technology fits into existing capital markets infrastructure.
The development comes as global financial institutions increasingly invest in tokenised real-world assets, with firms such as BNY, Nasdaq and S&P Global backing blockchain settlement networks while European platforms continue testing regulated on-chain securities markets.