The post European Central Bank points out XRP Ledger as important facilitator in next gen financing tool appeared on BitcoinEthereumNews.com.

The European Central Bank (ECB) has identified XRP Ledger as the underlying blockchain network for the Axiology distributed ledger technology (DLT) system. Crypto analyst Diep Sahn first noticed this in the ECB Eurosystem report on using emerging technologies for settlements. One of the projects that participated in the Eurosystem experiment was Axiology, a DLT securities trading and settlement infrastructure. The startup, founded by a former board member of the Bank of Lithuania, Marius Jurgilas, operates under the EU DLT Pilot regime. According to the report, 60 stakeholders and four central banks participated in the exploratory work across two phases. Through experiments and trials, these projects tested out 48 use cases in eleven categories, ranging from issuance and settlement of bonds to margin calls. Axiology participated in the experiment under Category 1, focusing on the institutional issuance of debt securities and the lifecycle management of such securities, from the issuance to coupon payments to redemption. Axiology leveraging XRP Ledger technology for permissioned DLT The report included a comprehensive explanation of Axiology capabilities and its use cases in the experiment, which shows that the platform was built using the open-source code of  XRP Ledger. However, it was designed to be private and permissioned, allowing it to be independent while leveraging XRPL. The report said: “While Axiology benefits from XRP Ledger technology, it operates as an independent system, designed to streamline trading, settlement, and custody of tokenized assets, such as financial securities, with enhanced security and efficiency.” As a private and permissioned network, Axiology reportedly combines trading, accounting, and settlement functions into one infrastructure. This enables instant Delivery Versus Payment (DVP) settlement capabilities. However, it also operates with more compliance standards and risk management frameworks than public blockchains. For instance, it has to Know Your Customer (KYC) procedures, such as verifying investors’ identities…

---

Filed under: News - @ June 25, 2025 11:29 pm