ECB Launches Digital Token Trading via “Pontus” Without Middlemen

The European Central Bank (ECB) and the national central banks of the euro area are taking a significant step toward the future of digital finance. With the launch of the new platform called “Pontes,” the Eurosystem will enable financial institutions to settle digital securities directly using secure central bank money. At the same time, the ECB announced that it would invest a portion of its own funds in these new types of securities in order to test the technology in practice…