Eurosystem DLT settlement project Pontes set to launch on September 21

The Eurosystem's distributed ledger technology (DLT) settlement project, Pontes, is scheduled to launch on September 21. The platform acts as an interoperability bridge connecting various market DLT platforms to the Eurosystem's TARGET services, enabling the settlement of tokenized securities using central bank money. Participants including Clearstream and Axiology are currently conducting end-to-end testing, covering issuance, secondary market trading, and redemption processes.