$EUR In a historic move that marks the official exploration of DLT technology in financial markets, the Eurosystem has just launched Pontes, a new infrastructure platform that connects market infrastructures with TARGET services so that banks can settle wholesale transactions involving tokenised assets using central bank money directly. It is essential to clarify that this is not a tool for the general public nor retail digital euro for everyday purchases, but an exclusive system for financial institutions.
In addition, the European Central Bank (ECB) has begun preparatory work to assess investing a small portion of its own funds in tokenised debt securities of public institutions and European bodies, whose transactions will be settled through Pontes while awaiting the Executive Board to define the final details and timelines. Blockchain technology is making its way into the highest level of institutional finance!
Do you think this step will accelerate the global tokenisation of traditional markets?
#FinanzasTradicionales
$EUR
In addition, the European Central Bank (ECB) has begun preparatory work to assess investing a small portion of its own funds in tokenised debt securities of public institutions and European bodies, whose transactions will be settled through Pontes while awaiting the Executive Board to define the final details and timelines. Blockchain technology is making its way into the highest level of institutional finance!
Do you think this step will accelerate the global tokenisation of traditional markets?
#FinanzasTradicionales
$EUR