AMINA Bank partners with 21X for digital asset trading platform

By Vriti Gothi

AMINA Bank AG has joined 21X as a listing sponsor, marking a development in the evolution of regulated infrastructure for tokenised financial assets in Europe.

The partnership positions AMINA within the ecosystem of 21X, described as the European Union’s first fully regulated distributed ledger technology trading and settlement system (DLT TSS). Licensed by Germany’s financial regulator BaFin with the involvement of European Securities and Markets Authority, the venue enables the issuance, trading, and settlement of tokenised securities using blockchain-based infrastructure.

The collaboration also builds on AMINA’s existing relationship with Tokeny, a tokenisation platform owned by Apex Group. Together, the companies aim to establish a full-stack tokenisation framework that connects regulated custody of traditional assets with onchain issuance and secondary market trading.

Under the arrangement, AMINA will provide institutional-grade custody and banking services for underlying assets such as government bonds, corporate securities, and treasury instruments while acting as a listing sponsor for issuers bringing tokenised products to market. Tokeny will manage token issuance and automated compliance controls using the ERC-3643 standard, while 21X will facilitate primary and secondary market trading and settlement through smart contract-based infrastructure.

The initiative reflects the accelerating shift of tokenisation from experimental projects to operational market infrastructure. The value of real-world assets recorded on blockchain networks has expanded rapidly in recent years, growing from roughly $5 billion in 2022 to more than $24 billion by mid-2025, with estimates suggesting the market could surpass $38 billion by the end of the year. When including stablecoins, tokenised assets collectively exceed $330 billion in value.

Industry observers have frequently identified two key barriers to institutional adoption of tokenisation: the absence of regulated secondary market liquidity and the lack of an integrated pathway linking traditional asset custody to blockchain-based distribution. The combined infrastructure from AMINA, Tokeny, and 21X is intended to address both constraints by enabling a continuous workflow from asset custody and issuance to trading and settlement.

21X launched its exchange in September 2025 as a regulated blockchain-based trading and settlement venue for tokenised equities, bonds, and funds. Built on the Polygon and Stellar networks, the platform uses smart contracts to enable trade matching and settlement without relying on traditional central securities depositories or clearing intermediaries.

For regulated digital asset banks such as AMINA, participation in emerging tokenised capital markets infrastructure reflects a broader strategy to bridge traditional finance and blockchain-based financial systems as institutional demand for digital asset services continues to grow.