ECB sets out blueprint for tokenised markets as settlement and fragmentation hurdles persist

24th March, 2026

Zak Jakubowski
ECB building

The European Central Bank (ECB) has outlined its strategy for scaling tokenised financial markets in Europe, warning that fragmentation across platforms and the absence of central bank money settlement remain key barriers to growth.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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