ECB to put its own money into tokenized securities via new Pontes DLT
The ECB plans to invest a small portion of its own funds in tokenized public-sector securities. These purchases will be settled in central bank money via Pontes, the Eurosystem’s new DLT settlement system. The initiative is meant to give the ECB direct experience with the full investment cycle, including trade execution, settlement, systems, and portfolio management. The securities will come from a non-monetary-policy portfolio used to help cover operating costs. Initial investments will target euro-denominated debt issued by euro-area central and regional governments, public agencies, and European supranational institutions. The ECB’s Executive Board will later तय the timing and operational details. Pontes is intended to link DLT platforms with existing central bank infrastructure and keep central bank money central as markets tokenize.
