financial infrastructure

ECB launches Pontes platform for tokenized asset settlement

The European Central Bank on Monday launched Pontes, a platform that bridges blockchain-based financial markets with the euro area's existing payment infrastructure, allowing banks to settle wholesale tokenized transactions in central bank money for the first time.

ECB to launch Pontes bank settlement platform Monday

The European Central Bank will launch Pontes, its distributed ledger technology settlement platform for financial institutions, on Monday, September 21, ECB President Christine Lagarde announced following a Eurogroup meeting on September 18. The platform marks a milestone in the Eurosystem's…

ECB to launch Pontes system for settling tokenized transactions in central bank money

The European Central Bank is bringing central bank money to distributed ledger technology platforms for the first time as an operational service, with Executive Board member Piero Cipollone confirming on Wednesday that the Pontes settlement system will go live later…