Swiss AMINA Bank AG became the first banking participant in the ecosystem of the European DLT platform for securities tokenization, 21X. The bank will support the listing of tokenized instruments and provide custody of the underlying assets.
Crypto bank AMINA Bank AG, operating under a license from the Swiss Financial Market Supervisory Authority (FINMA), joined 21X, a regulated trading venue for tokenized securities and stablecoins built on distributed ledger technology (DLT).
As part of the partnership, AMINA will act as an organizer and facilitator in the listing processes of tokenized instruments. In particular, the bank will provide institutional custody of underlying assets (government bonds, corporate securities, treasury bills, and other instruments), as well as support issuers during the listing of tokenized products, creating a bridge between traditional financial infrastructure and the on-chain market.
German FinTech company 21X received approval from the German Federal Financial Supervisory Authority (BaFin) to launch an exchange for tokenized financial instruments at the end of 2024, while the 21X DLT platform itself was launched in September 2025. The solution operates on the Polygon and Stellar blockchains. Project partners include Chainlink, Circle, and SBI Digital Markets.
The technological provider of the DLT platform is Tokeny, part of Apex Group. Within the initiative, the company is responsible for token issuance, smart contract deployment, and compliance automation based on the ERC-3643 standard. The 21X platform provides trading and settlement infrastructure, enabling primary issuance, secondary trading, and atomic settlements without the involvement of central securities depositories or clearing intermediaries.
According to AMINA’s Chief Product Officer Myles Harrison, institutional investor interest in tokenization infrastructure that meets corporate governance and compliance requirements is rapidly growing amid the expansion of the tokenized real-world asset (RWA) market. In 2025, the RWA market exceeded $38 billion, and including stablecoins, the total value of tokenized assets surpassed $330 billion.
Max Heinzle, CEO of 21X, noted that the infrastructure is designed to eliminate two key barriers to institutional tokenization — the lack of regulated secondary liquidity and the absence of a seamless connection between traditional asset ownership and its on-chain distribution.
AMINA holds licenses from regulators in Switzerland, the UAE, and Hong Kong. In November 2025, the bank also obtained a crypto-asset service provider (CASP) license from Austria’s financial regulator under the MiCA regulatory framework.
