KPMG supports 21X in navigating the EU DLT-TSS license application process

KPMG supports 21X in navigating the EU DLT-TSS license application process

As 21X enters the final stages of its application process to secure a license to operate the first ESMA-regulated trading and settlement system for security tokens and crypto assets under the EU DLT Regime, the company's CEO and founder, Max Heinzle recently sat down with Jens Siebert, Partner, Financial Services at KPMG AG, to discuss all things blockchain and DLT.

Take a look at the video of their meeting, here

KPMG has been working closely with 21X to support the company in the operational process of its application, as well as in ongoing dialogue with the regulators. The 21X application was made in March 2023 and there has been significant interaction with both ESMA and BaFin since then to clarify the technological, operational and regulatory details of its on-chain trading infrastructure.

KPMG has been operating as a trusted advisor throughout this process and Max and Jens talk through the partnership and how they created an application for a never-before operated ESMA-regulated trading and settlement infrastructure. The results of their labours should be announced by the regulators shortly.

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