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TechQuiet 3d · day 3

ECB launches Pontes system for settling tokenised assets in central bank money

The Eurosystem's new infrastructure lets banks trade digital securities using risk-free central bank reserves.

newest coverage 2d agosummary written 1d ago3 pieces1 likes & upvotes NewswiresMastodonGoogle News

What to know

  • Pontes gives European banks a live, risk-free settlement asset for trading tokenised securities on distributed ledgers, addressing a core barrier to blockchain adoption in wholesale finance.
  • The ECB is both infrastructure provider and investor, preparing to deploy a portion of its own €23.1 billion portfolio into tokenised securities through the system starting later.
  • Early participants include major banks (Deutsche Bank, Santander, Société Générale), the European Investment Bank, and DLT operators; full implementation is targeted for 2028.

“The Eurosystem has launched Pontes, a system allowing banks to settle trades in tokenised assets using central bank money”

Euronews · Euronews ↗

European Central Bank (ECB) / Eurosystem operator of Pontes settlement systemDeutsche Bank early participantSantander early participantSociété Générale early participantEuropean Investment Bank early participant

ECB launches Pontes system for settling tokenised assets in central bank money
Euronews

How it unfolded 1 development · click the chart to see its coverage articlesposts

Peak 2 pieces in one hour at Sep 21, 7 AM; 3 pieces over 3 days (2 articles · 1 post) Sep 21, 7 AM — 2 pieces · 2 articles — Google News 1, Newswires 1Sep 21, 8 AM — quietSep 21, 9 AM — quietSep 21, 10 AM — quietSep 21, 11 AM — quietSep 21, 12 PM — quietSep 21, 1 PM — quietSep 21, 2 PM — quietSep 21, 3 PM — quietSep 21, 4 PM — 1 piece · 1 post — Mastodon 1Sep 21, 5 PM — quietSep 21, 6 PM — quietSep 21, 7 PM — quietSep 21, 8 PM — quietSep 21, 9 PM — quietSep 21, 10 PM — quietSep 21, 11 PM — quietSep 22, 12 AM — quietSep 22, 1 AM — quietSep 22, 2 AM — quietSep 22, 3 AM — quietSep 22, 4 AM — quietSep 22, 5 AM — quietSep 22, 6 AM — quietSep 22, 7 AM — quietSep 22, 8 AM — quietSep 22, 9 AM — quietSep 22, 10 AM — quietSep 22, 11 AM — quietSep 22, 12 PM — quietSep 22, 1 PM — quietSep 22, 2 PM — quietSep 22, 3 PM — quietSep 22, 4 PM — quietSep 22, 5 PM — quietSep 22, 6 PM — quietSep 22, 7 PM — quietSep 22, 8 PM — quietSep 22, 9 PM — quietSep 22, 10 PM — quietSep 22, 11 PM — quietYesterday, 12 AM — quietYesterday, 1 AM — quietYesterday, 2 AM — quietYesterday, 3 AM — quietYesterday, 4 AM — quietYesterday, 5 AM — quietYesterday, 6 AM — quietYesterday, 7 AM — quietYesterday, 8 AM — quietYesterday, 9 AM — quietYesterday, 10 AM — quietYesterday, 11 AM — quietYesterday, 12 PM — quietYesterday, 1 PM — quietYesterday, 2 PM — quietYesterday, 3 PM — quietYesterday, 4 PM — quietYesterday, 5 PM — quietYesterday, 6 PM — quietYesterday, 7 PM — quietYesterday, 8 PM — quietYesterday, 9 PM — quietYesterday, 10 PM — quietYesterday, 11 PM — quietToday, 12 AM — quietToday, 1 AM — quietToday, 2 AM — quietToday, 3 AM — quietToday, 4 AM — quietToday, 5 AM — quietToday, 6 AM — quietToday, 7 AM — quietToday, 8 AM — quiet 1
Sep 22yesterdaynow · 9:44 AM ET
  1. 1

    Pontes addresses core barrier to blockchain adoption in finance

    The system resolves a key obstacle to moving securities onto distributed ledgers: the absence of risk-free settlement assets. The Eurosystem's 2024 DLT trials found that public and private-sector participants viewed access to central-bank money as critical to wider adoption.

    “digital euro made available for banks…”
    — André Dragosch, Bitwise Europe Head of Research
    1. 2 outlets ECB launches 'Pontes' to settle tokenised assets in central bank money

      first by Euronews.com, 3d ago · also Euronews

    • GeoWire@mastodon.social

      ⚡ NEWS ECB Launches Digital Euro Infrastructure and Tokenized Bond Investments The European Central Bank (ECB) has initiated preparations to invest a portion of its funds in tokenized securities, utilizing the Pontes settlement rail. This strategic move positions the ECB as both a provider of Europe's emerging tokenized-market infrastructure and…

      GeoWire@mastodon.socialMastodon2d ago1▲view on Mastodon ↗
  2. background

    ECB announces investment programme in tokenised securities — The ECB said it will invest a portion of its own funds in tokenised securities through Pontes, beginning with euro-denominated securities issued by euro-area governments and supranational institutions. Initial purchases will allow the central bank to gain experience in trade execution, settlement, and portfolio management on the new platform.

  3. background

    ECB launches Pontes settlement system for tokenised assets — The Eurosystem launched Pontes on 21 September, allowing banks to settle wholesale transactions in tokenised assets using central bank money. Deutsche Bank, Santander, Société Générale, and the European Investment Bank, alongside DLT operators including Clearstream, Axiology, Cashlink and SWIAT, have completed onboarding.