ECB launches Pontes platform to settle tokenized assets in central-bank money

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The European Central Bank has deployed a new wholesale platform called Pontes to facilitate the settlement of tokenized assets using central-bank money. The platform bridges distributed ledger technology (DLT) market infrastructure with the ECB's existing payment systems. Pontes is designed exclusively for wholesale transactions, targeting institutional market participants rather than everyday consumers. The initiative is distinct from the ECB's separate retail digital euro project, which is not expected to launch until 2027.

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