The ECB aims to gain direct DLT market experience by purchasing tokenized public-sector securities and settling transactions through Pontes.
The European Central Bank (ECB) is preparing to invest a “small part” of its own funds in tokenized public sector securities.
Purchases will be settled in central bank money through the Eurosystem’s settlement bridge System for distributed ledger technology-based transactions Launched on Monday.
ECB said In a separate announcement on Monday, the initiative will give it hands-on experience across the entire investment lifecycle, including trade execution, settlement, systems and portfolio management.
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