Axiology joins Europe’s push to bring central bank money to digital capital markets
Tech.eu Cate Lawrence
Pontes went live to let digital securities trades on distributed-ledger platforms settle using Eurosystem central bank money via TARGET Services. The initial Pontes launch involves 4 participating market infrastructures: Clearstream, SWIAT, Cashlink, and Axiology. As a result, institutions can use DLT for the securities side without giving up central-bank-money settlement, supporting broader rollout of tokenised fixed-income and other capital-market use cases.
Why it matters
Earlier this month, Pontes went live, enabling transactions in Europe’s emerging digital capital markets to be settled in central bank money for the first time. The Eurosystem service bridges platform...