Europe’s first fully regulated DLT trading and settlement system, 21X, opens its primary market phase with the listing of the US Money-Black Manta USD Short Term Yield (USMO) tokenized note on the UBS Money Market Fund.
Black Manta Capital Partners and SBI Digital Markets collaborate on the securitization, issuance, and distribution of the tokenized note through 21X's regulated market infrastructure.
Professional investors can now invest in tokenized securities using stablecoins as payment directly from their wallets, marking a significant milestone for 21X.
The tokenization of real-world assets, like tokenized money market funds, aims to provide secure European-regulated infrastructure and expand the global distribution network by connecting with Asian capital markets.