European Central Bank Launches Pontes Platform For Wholesale Tokenised Asset Settlement
The Eurosystem has introduced Pontes to enable the settlement of wholesale tokenised asset transactions using central bank money as part of its digital finance strategy.
By Orion Desk
The Eurosystem launched its new Pontes solution to facilitate settlement in central bank money for wholesale transactions conducted on distributed ledger technology networks. This initiative represents the first phase of a broader strategic program aimed at modernizing financial market infrastructure, with full system implementation currently scheduled for 2028.
Traders tracking the Euro may monitor how this integration of digital asset technology influences market efficiency and institutional adoption within the financial sector. The platform currently allows selected banks and infrastructure operators to begin using central bank money for these transactions, marking a significant step in the evolution of European market services.
Originally published by European Central Bank
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