These are the first institutional-grade issuances in Germany using DLT and settling in central bank money.
This provides first-of-its-kind connectivity for tokenization and frictionless exchange of regulated assets.
This is a milestone for the digitization of German capital markets.
Digital bonds and tokenized treasuries have highlighted the potential of digitalization.
The Wave 2 trials encompass cleared repos and intraday margin calls.
48 private firms will take part in the second wave of the Eurosystem’s exploratory work.
Interoperability is crucial for DLT to achieve widespread adoption in capital markets.
Benefits such as the precise, simultaneous movement of collateral are now being demonstrated in size.
The first experiment covered the tokenisation and simulated DvP of government bonds
