ECB Plans Tokenized Bond Buys With Its Own Reserves
The move would put central bank money directly behind Europe’s tokenized-finance market, while Pontes could become core settlement infrastructure ahead of its planned 2028 rollout.
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The move would put central bank money directly behind Europe’s tokenized-finance market, while Pontes could become core settlement infrastructure ahead of its planned 2028 rollout.
The deal brings smart-contract security into S&P’s institutional risk stack as tokenized funds, stablecoins and blockchain markets move beyond traditional trading hours.
Smith says rising on-chain activity and 24/5 markets could force financial infrastructure toward blockchains, making differences among major L1s more consequential.
A top-tier rating on FILQ and BUIDL turns tokenized Treasuries into a rated, yield-bearing cash rail — and the sector has already 15x'd in two years to $15B AUM.