The financial world is witnessing a breakthrough as 21X, the first EU-regulated onchain exchange for tokenized securities, integrates Chainlink oracles to bring real-time, verifiable market data directly to the Polygon blockchain. This marks a pivotal step in bridging traditional capital markets with the growing onchain economy, unlocking transparency, auditability, and new use cases for institutions worldwide.
Launch of Real-Time Market Data
21X’s adoption of the Chainlink Data Standard enables transparent, auditable post-trade data, including last traded prices and bid-ask spreads. This data is now live in production on Polygon, providing unprecedented visibility for tokenized equities, debt securities, and funds.
It ensures that regulated assets can seamlessly interact with decentralized protocols while meeting compliance requirements. Powered by the Chainlink Runtime Environment (CRE), this integration delivers verified market data directly onchain.
The CRE ensures data integrity, security, and reliability, making it suitable for institutional adoption. By leveraging Chainlink’s infrastructure, 21X provides a trustworthy feed of post-trade information to Polygon, positioning itself as a compliant yet innovative player in the EU financial ecosystem.
Use Cases & Institutional Benefits
This milestone unlocks multiple real-world use cases:
- Collateral Utility: Tokenized securities can now be used as collateral in DeFi lending protocols.
- Secondary Market Liquidity: Seamless trading of regulated assets in decentralized secondary markets.
- Institutional Confidence: Transparent & auditable data enhances trust among banks, funds, and financial institutions.
- Regulatory Alignment: Full compliance under BaFin supervision ensures safety for institutions entering the blockchain economy.
The first security to leverage this integration is USMO, a tokenized note issued by Black Manta Capital Partners and backed by the UBS USD Money Market Fund. By delivering its market data onchain via Chainlink, USMO demonstrates how traditional financial products can achieve digital transparency while retaining regulatory oversight.
Future Roadmap & Expansion
Looking ahead, 21X plans to expand Chainlink integration to include:
- Pre-trade market data for enhanced price discovery.
- Deeper analytics to strengthen institutional strategies.
- Broader asset classes, beyond equities and notes, to capture a wider range of tokenized products.
These advancements will build a composable, efficient, and transparent financial system, ultimately inviting greater institutional participation in the blockchain economy. The collaboration between 21X, Chainlink, and Polygon represents a transformative shift for global finance.
If you find any issues in this blog or notice any missing information, please feel free to reach out at yash@etherworld.co for clarifications or updates.
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