The European Central Bank (ECB) has announced the Appia strategic roadmap, designed to establish a tokenized wholesale financial market ecosystem in Europe, supported by central bank money. A key element of this initiative is Pontes, the ECB's distributed ledger technology (DLT) settlement solution for the Eurosystem, which is expected to be operational by the third quarter of 2026. Pontes will be interoperable with the Eurosystem’s TARGET payment settlement services.
In conjunction with the roadmap release, the ECB has initiated a public consultation to solicit feedback from both public and private sectors, with responses due by April 22. Furthermore, the ECB plans to launch a digital euro pilot program in the latter half of 2027, marking a significant step towards digital currency integration in the European financial landscape.
ECB Unveils Appia Roadmap for Tokenized Euro Financial Market
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