Crypto: The ECB Makes Its Big Move Into Tokenized Bonds

The European Central Bank is preparing its first direct investments in tokenized securities. A small portion of its own funds will be placed in bonds and other euro-denominated securities, mainly issued by eurozone states, public agencies, and European institutions. The amounts and date of the first purchases are not yet fixed. Settlements will go through Pontes, the new infrastructure launched by the Eurosystem on September 21. For institution…