Current outcome
The ECB has announced the Pontes platform and plans to buy tokenized bonds with its own funds, with settlement through Pontes in central bank money and full implementation expected by 2028.
Progress timeline
2 material updates- #01
ECB launches Pontes to settle tokenized assets without stablecoins
Source evidence: Cointelegraph
- #02
ECB plans to buy tokenized bonds with its own funds
The ECB announced it plans to invest a small portion of its reserves in euro-denominated tokenized securities, settled in central bank money through the new Pontes platform; size and timing will be decided after preparatory work, with full Pontes implementation expected by 2028.
State after update: The ECB has announced the Pontes platform and plans to buy tokenized bonds with its own funds, with settlement through Pontes in central bank money and full implementation expected by 2028.
Source evidence: CoinDesk · Cointelegraph