ECB Launches Pontes For Central-Bank Settlement Of Tokenized Assets

TL;DRThe European Central Bank has launched Pontes, a wholesale settlement service for tokenized financial assets.
Pontes settles transactions in central-bank money through TARGET Services and DLT interoperability.
The system is institutional infrastructure and is separate from the retail digital-euro project.The European Central Bank has launched Pontes, giving institutions a new route for settling tokenized financial assets in central-bank money.
The September 21 launch is part of the Eurosyst