Development of an Integrated Ecosystem for the Institutional Token Economy, focused on the digitization of the capital and cash markets. This suite of projects enables end-to-end tokenization of financial instruments (Euro Commercial Paper, Bonds, Loans) and fund shares (Eurizon), managing their entire lifecycle on public and private blockchains (Ethereum, Avalanche, Deutsche Börse). Thanks to the integration of solutions Cross-Ledger (Bank of Italy’s HLC) and Mechanisms DvP (Delivery vs. Payment): The suite enables on-chain settlement of both the asset and the cash leg, including the testing of Deposit Tokens and Stablecoins. The architecture also incorporates criteria Native ESG via smart contracts, positioning itself at the forefront of the Eurosystem’s 2024 trials on the efficiency of digital financial markets.
Tokenization Sandbox: An Intesa platform for the digitization of Euro commercial paper on a private blockchain provided by Deutsche Börse, including lifecycle management, through on-chain asset legs and on- and off-chain cash legs, using the Bank of Italy’s HLC cross-ledger solution. Developed for the Eurosystem 2024 trials.
Tokenization Sandbox: Intesa platform for the digitization of Euro commercial paper on a private blockchain provided by Deutsche Börse, including lifecycle management, via on-chain asset legs and on-off-chain cash legs, using the Bank of Italy’s HLC cross-ledger solution. Developed for the 2024 Eurosystem trials.
TECP / TBOND / Loan Tokenization: Extension and implementation of the Intesa platform and application dedicated to the tokenization of financial instruments such as ECPs, bonds, and loans on the blockchain, including the management of cash flows and redemptions through cross-ledger DvP transactions.
Deposit Token: Study and Intesa regulations for the digitization of commercial bank money (M0 – M1)
Stablecoins: Analysis and testing of stablecoin issuance within the Intesa system and their use, specifically CIRCLE Green Loan Avalanche: a private-layer deployment on the Avalanche blockchain to tokenize a green loan in collaboration with Climate Kick. In parallel, an analysis was conducted to model ESG clauses on the blockchain.
Tokenization Platform: A tokenization platform for managing shares of a tokenized fund issued by Eurizon on Ethereum. The project is divided into two phases, with the cash leg managed off-chain in the first phase and on-chain in the second using e-money tokens.