Blockchain platform Dusk teams up with trading venue 21X under DLT Pilot Regime partnership for the second time.
In a significant move towards the future of digital asset ecosystems, 21X, a European-based company, has announced a partnership with Dusk, a privacy-focused permissionless blockchain. The collaboration aims primarily at stablecoin treasury management.
Both 21X and Dusk are operating within the EU's strong regulatory perimeter. 21X has made history by becoming the first entity to receive a license in Germany to operate a combined regulated trading and settlement venue (DLT TSS) on the permissionless blockchain, Polygon. The DLT TSS operated by 21X is expected to go live soon.
As part of the partnership, Dusk will initially onboard as a trade participant. This collaboration marks an expansion for 21X, as they plan to integrate with Dusk's Layer 2 EVM chain, broadening the range of blockchains it will support. It's worth noting that Dusk boasts both a Layer 1 blockchain and a Layer 2 EVM (Ethereum compatible) chain.
Max Heinzle, CEO at 21X, has expressed a commitment to tokenized asset trading on their platform. This commitment aligns with Dusk's vision for a compliant digital asset ecosystem.
Interoperability with appropriate networks is considered crucial by 21X in building the infrastructure for the next generation of capital markets. This partnership with Dusk is a step towards achieving that goal.
In related news, the French and Italian regulators, AMF and CONSOB, have proposed changes to the DLT Pilot Regime to attract more participants. CSD Prague is the other authorized entity in the DLT Pilot Regime, besides 21X.
Dusk also has a partnership with EU stablecoin issuer Quantoz. However, as of August 2025, no specific details about the progress of this collaboration or any new partnerships or onboarding of trade participants beyond the initial collaboration with Dusk have been made public.
For the latest updates on this collaboration and any potential developments, it's recommended to check official announcements from 21X and Dusk blockchain via their respective websites or trusted blockchain news outlets.
The collaboration between 21X and Dusk, driven by stablecoin treasury management, will see Dusk onboarding as a trade participant initially. This marks an expansion for 21X, planning to integrate with Dusk's Layer 2 EVM chain to support a broader range of blockchains. Max Heinzle, CEO at 21X, is committed to tokenized asset trading on their platform, which aligns with Dusk's vision for a compliant digital asset ecosystem. Interoperability with appropriate networks is crucial for 21X in building the infrastructure for the next generation of capital markets, and this partnership is a step towards achieving that goal.
