# 21X

> Powering the future of capital markets

21X is a regulated trading and settlement exchange for tokenized financial instruments built on blockchain technology under the EU DLT Regime.

21X provides a single platform covering asset tokenization, issuance, listing, and secondary market trading for institutional investors, issuers, banks, and brokers. Users can place orders through a smart contract-based central limit order book, with atomic settlement eliminating counterparty risk. The platform is licensed by Germany's BaFin under the EU DLT Pilot Regime.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2017-01-01
- Profile: https://thegrid.id/profiles/21x

## Products

- [21X Exchange](https://thegrid.id/profiles/21x): 21X Exchange is a regulated trading and settlement system for tokenized financial instruments. The system uses a central limit order book implemented via smart contracts on the Polygon proof-of-stake blockchain to enable issuance, listing, multilateral trading, and atomic settlement of DLT financial instruments including tokenized equities, bonds, and fund tokens. A compliance layer enforces KYC, AML, and participant whitelisting in accordance with MiFID II and MiCAR requirements. Participants connect through self-custody wallets, REST API, WebSocket API, or smart contract interface. Settlement occurs atomically within the same blockchain transaction as order matching, eliminating counterparty risk. (Centralised Exchange, Live, Main Product)

## Links

- [Main](https://21x.eu)
- [Blog](https://21x.eu/media)
- [Privacy policy](https://21x.eu/privacy)
- [Twitter / X](https://x.com/tradeon21X)
- [LinkedIn](https://linkedin.com/company/21x)
- [YouTube](https://youtube.com/@21XAG)
- [Telegram](https://t.me/tradeon21X)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP