Axiology joins Europe’s push to bring central bank money to digital capital markets

What happened

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 platforms that use distributed ledger technology (DLT) to trade digital securities and TARGET Services , the existing infrastructure used to settle euro payments in central bank money.

In simple terms, it lets the securities side of a digital transaction take place on DLT infrastructure while the corresponding payment settles through the central banking system. Four market infrastructures are participating in the initial launch: Luxembourg-based Clearstream and Frankfurt-based SWIAT and Cashlink, alongside Vilnius-based Axiology . Axiology is building digital infrastructure for European capital markets, enabling companies and governments to issue, trade, and settle digital securities such as bonds.