The European Central Bank (ECB) is preparing to launch the long-anticipated “Pontes” ecosystem with qualified distributed ledger technology-enhanced platforms that provide services, including tokenization, to the European wholesale market. The ECBs Governing Council approved Pontes in 2025, which takes a two-track approach: the first track, Pontes, provides a short-term offering to the market, including a

The European Central Bank (ECB) has announced the launch of Pontes, a tokenized finance project, in the third quarter of this year. The initiative, revealed by ECB Executive Board member Piero Cipollone, aims to connect distributed ledger technology (DLT) platforms used in financial markets with TARGET Services, the Eurosystem’s existing payment infrastructure. The core objective

Digital asset infrastructure provider Taurus has integrated its tokenization and custody platforms with Swift’s blockchain-based ledger. Taurus said Wednesday in an announcement shared with Cointelegraph that its clients can connect their existing digital asset infrastructure to the ledger for payments using bank-issued tokenized deposits. The first client integrations are expected to go live within days

The European Central Bank is stepping up efforts to build an integrated tokenized financial market. Executive Board member Piero Cipollone has called for common standards, central bank money and coordinated regulation to prevent blockchain-based finance from becoming a collection of disconnected platforms. In a speech at Deutsche Bundesbank’s symposium in Frankfurt, Cipollone said tokenization could

Clearstream is set to participate in testing of the European Central Bank’s Pontes distributed ledger technology settlement solution ahead of its planned launch on September 21. The Deutsche Börse-owned post-trade infrastructure provider will conduct end-to-end testing covering settlement processes, connectivity and operational readiness, with clients also able to participate in testing. Clearstream says it is

India is preparing to test blockchain-based bond settlement with the launch of tokenized corporate bonds next month, Reuters reported Monday, citing three people familiar with the plans. The pilot will be led by state-owned power financier REC and is expected to involve less than 5 billion rupees ($57 million) in bonds. The offering could be