Axiology Among the First in ECB's Pontes Digital Euro Launch

Axiology joins the first group of DLT operators registered for Pontes and has been selected to join the ECB forum supporting both Pontes and the longer-term Appia roadmap

Axiology has been included in the European Central Bank’s evolving list of distributed ledger technology operators registered for the initial launch of Pontes in September 2026, and has also been selected to participate in the ECB’s Appia Contact Group.

Axiology is one of the four DLT operators included on the list, alongside Clearstream, SWIAT and Cashlink. Its participation in the Appia Contact Group extends Axiology’s involvement across the Eurosystem’s two key initiatives for DLT-based settlement using central bank money.

Pontes and Appia are complementary parts of the Eurosystem’s strategy for tokenized wholesale markets. Pontes focuses on connecting DLT platforms with TARGET Services, while Appia looks to the longer-term development of a more integrated tokenized financial ecosystem. The new Appia Contact Group brings market engagement across both initiatives into a single forum, supporting the evolution of Pontes as well as the development of the Appia roadmap. Axiology’s involvement in both initiatives positions it to contribute to both the practical implementation of DLT settlement and the evolution of Europe’s future market infrastructure.

Together, these initiatives support the development of a European capital markets environment in which tokenized securities can move more efficiently across regulated infrastructure. Europe’s markets remain fragmented across national systems and infrastructures, creating additional operational hand-offs and complexity for cross-border issuance and investment. Connecting DLT-based securities infrastructure with central bank money settlement is an important step towards reducing that fragmentation.

Axiology is preparing to connect its regulated DLT Trading and Settlement System (DLT TSS) with Eurosystem payment infrastructure. Under the model being tested, tokenized securities remain recorded and transferred through Axiology’s infrastructure, while the corresponding cash leg can settle in central bank money. Axiology’s testing work covers settlement scenarios relevant to the lifecycle of digital securities, including primary issuance, secondary-market transactions, redemptions and coupon or interest payments.

Marius Jurgilas, CEO of Axiology, said, “Tokenisation will only deliver meaningful change to European capital markets if digital securities can connect effectively with the infrastructure institutions already rely on. Pontes is an important step in making that connection possible today, while Appia looks further ahead to how a more integrated tokenised financial ecosystem could develop. For Axiology, participating in both is an opportunity to help demonstrate how regulated DLT infrastructure can become part of the wider European financial system.”

Axiology is currently progressing through the Pontes testing and certification process ahead of the initial launch, scheduled for 21 September 2026. Production participation remains subject to the completion of all operational prerequisites, as well as final certification and necessary regulatory approvals.

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