Digital securities, push to incorporate into Eurex repo and clearing systems

Eurex Clearing plans to bring digital-native securities into its repo trading and central clearing framework, applying a single rulebook and risk model to both conventional and digital instruments. The initiative would let securities such as those issued by the European Stability Mechanism trade in Eurex Repo's GC Pooling and be cleared by the house, with eligibility as margin collateral and for the ECB's GC Pooling basket also under consideration. No implementation date was given. The move matters because it would let blockchain-issued debt plug into the same collateral and clearing plumbing as traditional securities, a step toward institutional-grade digital asset markets. What to watch next is the timeline, regulatory sign-off, and whether the ECB accepts these instruments in its GC Pooling basket.