ECB to put its own money into tokenized securities via new Pontes DLT

Read original at CoinTelegraph·

ECB to put its own money into tokenized securities via new Pontes DLT

60-second summary

The European Central Bank announces it will directly invest its own funds in tokenized public‑sector securities, using the new Pontes distributed‑ledger platform to settle trades, marking its first hands‑on DLT experience. By purchasing and clearing these digital assets, the ECB seeks to test infrastructure, boost market confidence and potentially accelerate broader adoption of tokenized finance across the industry.

The ECB aims to gain firsthand DLT market experience by buying tokenized public-sector securities and settling the trades through Pontes.