ECB to Buy Tokenized Bonds With Own Funds as Pontes Goes Live
- —Pontes connects DLT platforms to TARGET Services for central bank money settlement
- —13 participants onboarded, including Deutsche Bank, Santander and the EIB
- —Four DLT operators connected at launch: Axiology, Cashlink, Clearstream, SWIAT
- —Full implementation of Pontes is expected by 2028
Why it matters: The ECB becomes the first major central bank to trade tokenized assets, accelerating institutional adoption of tokenization in Europe.
Source: The Crypto Times