The Appia project explicitly focuses on tokenisation and distributed ledger technology for financial infrastructure modernisation, which directly relates to digital asset payment systems and CBDC-adjacent infrastructure development.
The project's emphasis on DLT integration for settlement systems and financial infrastructure modernisation aligns with clearing and settlement infrastructure evolution, though the update is primarily consultative rather than operational.
Specialism
The update concerns tokenisation and DLT infrastructure modernisation for financial settlement systems, which tangentially relates to operational resilience and system modernisation, but lacks specific regulatory compliance obligations or enforcement elements.
The consultation touches on financial ecosystem efficiency and resilience through technology integration, but does not establish concrete regulatory requirements or supervisory frameworks for payment firms.
2026-03-11 13:19:17·adavies@vixio.com
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Explore the Eurosystem Appia project public consultation offering guidance on responses and collaboration opportunities.
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TITLE: European Central Bank Launches Public Consultation on Appia Tokenisation and Distributed Ledger Technology Project
BODY:
On an unspecified date, the Eurosystem launched a public consultation on the Appia project, which aims to develop a future-ready, integrated financial ecosystem leveraging tokenisation and distributed ledger technology (DLT).
The consultation invites public and private sector stakeholders to provide feedback on the approach outlined in the publication "Appia – paving the way for a future-ready, integrated financial ecosystem leveraging tokenisation and DLT". Stakeholders are also invited to express their interest in actively participating in analytical and practical work by submitting proposals for specific potential collaboration opportunities. The Eurosystem reserves the right to determine which proposals to pursue and how to proceed with any collaborative work.
The consultation seeks to engage the financial sector and broader economy on the Eurosystem's strategic approach to tokenisation and DLT integration, addressing how these technologies can enhance the financial ecosystem's efficiency, resilience, and future readiness. This initiative reflects growing recognition among central banks of the potential for distributed ledger technologies to modernise financial infrastructure and settlement systems.
Responses must be submitted via the dedicated online survey platform by 22:00 CET on 22 April 2026. The Eurosystem will only accept responses submitted through this platform. Following the consultation period, the Eurosystem will consider and publish feedback received, with an overview of consultation questions and submission guidance available on the Eurosystem's website.
REFERENCES:
European Central Bank. Public consultation on the Eurosystem's Appia project. Available at: https://www.ecb.europa.eu/