Capital markets News

Asset manager AXA IM in two ECB wholesale CBDC trials

AXA Investment Managers

As part of the Eurosystem wholesale DLT settlement trials, AXA Investment Managers (AXA IM) executed two transactions using the Banque de France’s ‘exploratory cash tokens’ or wholesale CBDC. The trials completed at the end of November.

We previously reported that the Republic of Slovenia issued a digital sovereign bond using the BNP Paribas Neobonds tokenization platform. AXA IM was one of the investors committing €3 million. Notably, the settlement was T+1.

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