LayerZero and 21X Complete Onchain Pilot for Tokenized U.S. Stocks
Photo: TokenPost
LayerZero and 21X AG completed a monthlong pilot for tokenized U.S. stocks on a private blockchain instance, testing whether an order book can match and settle trades in a single transaction. The test ran on a private, permissioned version of Zero, LayerZero’s Ethereum Virtual Machine (EVM)-compatible blockchain. It could match up to 10,000 orders per second. Matching and settlement took place in one transaction, without offchain order matching. Institutions controlled who could join the network and what data participants could see, while the deployment remained compatible with a broader multichain ecosystem.
Source: TokenPost
