ECB Launches Pontes Settlement System With XRPL-Based Axiology Among Four DLT Operators

โดย ccn.com·EUDEES·Read original
Summary · why it matters

The European Central Bank launched Pontes on Sept. 21, allowing tokenized securities transactions to settle in central bank money through the Eurosystem. Axiology is one of only four DLT operators connected at launch, alongside Cashlink, Clearstream and SWIAT, and its system is a private, permissioned infrastructure built from the open-source code of the XRP Ledger, though Pontes does not use public XRP for settlement. The system went live Monday with 13 market participants, including Deutsche Bank, Santander, Société Générale, and the European Investment Bank. Pontes initially operates between 8 a.m. and 4 p.m. CET on TARGET business days, with the Eurosystem planning to extend operating hours and add functionality before moving toward a 24/7 service by mid-2028. The ECB also announced Monday that it will prepare to invest a small portion of its own funds in highly rated, euro-denominated tokenized securities, with those purchases eventually settling through Pontes.

Impact on assets 5

Financials · 2 stocks
Digital Finance & Tokenization · 1 stocks
Others · 2 stocks

Theme Impact 2

Off-coverage companies 2

ClearstreamPrivate± Mixed
relevance

SWIATPrivate± Mixed
relevance

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