@Dusk has announced that they are working with 21X. This partnership is going to help Dusk and 21X move forward with something. They want to make it easier for people in Europe to use a kind of technology called distributed ledger technology. This technology is used in markets. Dusk and 21X also want to work closely with other companies that deal with digital assets. They want to make sure that everyone is following the rules and regulations. Dusk and 21X are going to work to make this happen. They think that this partnership will be really good for Dusk and 21X and for the markets, in Europe.
Dusk is going to be a part of the 21X system. This system is called DLT TSS. It is a place where people can buy and sell things. The 21X company is very special because it was the company in Europe to get a license for DLT TSS. This license comes from the European Union. It means that 21X can run a place where people can buy and sell securities and other digital assets. The DLT TSS system from 21X is regulated, which means it follows all the rules. Dusk will be a trade participant on the DLT TSS system, from 21X.
The partnership between Dusk and 21X is meant to bring Dusks high quality blockchain system, which is focused on following rules with 21Xs abilities in regulated markets. This will make it easy for investors and companies that issue securities to create, trade and manage financial instruments that are turned into tokens on a blockchain.
As part of working 21X wants to add the DuskEVM chain to its system. This will let people who trade on the market use Dusks environment for smart contracts, which is set up to follow rules.
This technical team, up will help both Dusk and 21X support the growing market of real world assets and regulated digital securities in Europe and it will help Dusk and 21X do this for tokenized financial instruments and digital securities.
For Dusk the relationship with 21X means they get to be part of a trading market that is fully regulated. This market uses technology called distributed ledger technology. This technology helps people who issue assets and people who hold assets. It helps them because they get their money faster there is work to do and everything is more open and clear.
For 21X having Dusk on board makes their system better. Dusk helps 21X work with different blockchain systems. It also helps 21X work, with blockchain systems that follow the rules.
Both teams have the idea of connecting old style money markets and new, on chain finance. They want to make it easier for people to issue tokens trade them and settle transactions. They also want to make it more efficient and follow the rules.
Through this partnership, Dusk and 21X are helping to change the way European financial systems work. They are making it possible for big institutions to use blockchain technology without worrying about what they're doing. They are making it clear and safe for them to use this technology.
