21X Group Announces Collaboration with Circle as it joins Arc as a Day-1 Launch Partner

What happened

21X Group announced it was named a Day-1 launch partner in the Arc ecosystem as the network moves to public mainnet in the EU and US. 21X Group and Circle will collaborate on tokenized securities use cases.

Confirmed

Global impact / market context

This matters because 21X AG runs the EU's first fully regulated trading and settlement system for tokenized securities, which are digital representations of traditional assets. Arc uses stablecoins as gas, which means transaction fees are paid in digital dollars like USDC.

Analyst inference

Arc is an open, EVM-compatible Layer-1 blockchain, which means it is a base network that can run smart contracts. It targets financial markets, real-time money movement and agentic economic activity, potentially competing with other blockchain networks focused on payments and asset tokenization.

Analyst inference

What to watch

1. The public mainnet launch of Arc in the EU and US, which will enable real-world use of the network for tokenized securities and stablecoin payments. Confirmed
2. 21X Group and Circle plan to build use cases for issuers and brokers of tokenized securities on Arc. Watch for specific products or services resulting from this collaboration. Proposed
3. How regulators in the EU and US respond to a regulated trading system using a public blockchain with stablecoins as gas, which could affect adoption by traditional financial firms. Analyst inference

Affected assets

• USDC — USD Coin

Evidence

• dailyhodl.com