21X Group Partners with Circle to Explore Arc for Tokenized Securities

21X Group, a leader in regulated tokenized capital markets, has partnered with Circle to explore the use of Arc for tokenized securities on its trading and settlement systems. This collaboration comes as 21X Group joins Arc as a Day-1 launch partner, marking its entry into the Arc ecosystem. The partnership will allow 21X Group and Circle to build use cases for issuers and brokers of tokenized securities on Arc across EU and US markets.

21X Group operates the first fully regulated trading and settlement system for tokenized securities in the EU, with its subsidiary 21X AG operating a venue where institutional participants can issue, trade, and settle tokenized securities through atomic delivery versus payment. The company has successfully tested the trading of tokenized securities on Arc through 21X AG's EU capital market infrastructure, leveraging atomic settlement against USDC in under one second.

The partnership aims to enable asset managers in the Arc ecosystem to work with 21X AG's existing EU platform and expected US platform to list tokenized securities on Arc, enabling trading against USDC. This collaboration will also explore how Circle's broader infrastructure can support institutional access to stablecoins while enabling cross-chain interoperability for USDC.