The initiative aims to outline long-term framework for distributed ledger technology (DLT)-based market infrastructure as European Central Bank remains system anchor.

The Eurosytem has published the roadmap for Appia, a strategic initiative intended to shape the development of a European tokenised financial ecosystem in which central bank will continue to play a key role. The Eurosystem is the monetary authority of the euro area  The roadmap sets out the Eurosystem’s objectives and approach for supporting tokenised wholesale markets, with work expected to run through to 2028. The Eurosystem is the monetary authority of the euro area and compri