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The European Investment Bank (EIB) launched Project Venus, their second euro-denominated digitally native bond issue and first using private blockchain technology. The €100 million, two-year bond was issued, recorded and settled using private blockchain-based technology on Goldman Sachs' GS DAPTM tokenization platform. Although investors purchased and paid for the security tokens using traditional currency, the transactions were settled in wholesale CBDC issued by the Banque de France and the Banque Centrale du Luxembourg. Société Générale Security Securities Services (SGSS Luxembourg) provided on-chain custodian services.

The Banque de France (BdF) and Banque centrale du Luxembourg have published the results of Project Venus, a successful 2022 experiment demonstrating the use of distributed ledger technologies (DLTs) in digital bond issuance and settlement. On 29 November 2022, the European Investment Bank (EIB) successfully issued a euro‑denominated digital bond on a private blockchain using wholesale central bank digital currency (CBDC) for settlement. Goldman Sachs Bank Europe, Santander and Société Générale facilitated the subscription and distribution processes. While project Venus was considered a success, further experimentation and policy work will be required before the decision is made to issue issue a wholesale CBDC. Meanwhile, the Eurosystem is conducting additional experiments and trials, with conclusions expected by mid-2025.

The Dubai Financial Services Authority and the Commission de Surveillance du Secteur Financier Luxembourg, entered into an agreement to cooperate in the development of FinTech.

Banque Centrale du Luxembourg (BCL) published a paper that simulated consumer adoption of CBDC based on data from the 2022 Study on the Payment Attitudes of Consumers in the Euro area (SPACE) survey of payment habits. The micro-simulation classified 1% of consumers as cash-only, 22% as cash-preferring, 29% as cashless-preferring and 47% as cashless-only. Our theoretical results suggest that if CBDC is accepted by all retailers, then cashless-preferring consumers will adopt it instead of cash, but adoption by other consumers would also depend on CBDC design, cost, security and their use of credit cards. If CBDC transactions can be funded by drawing cash directly from the user's bank payment account (i.e., via a "a waterfall" mechanism), 24% of the value of total payments will be in CBDC. If CBDC transactions can be funded via a direct link to consumer credit (e.g. drawing on the user's credit card) 92% of total payment values will be made in CBDC.

Luxembourg-based Argento has launched a series of bitcoin (BTC) bonds. Various durations are available, conspicuously named after crypto-specific phenomena such as FOMO, HODL and MOON.

HSBC is reportedly launching a distributed ledger technology (DLT) based bond tokenization platform. The European Investment Bank is currently exploring the possibility of issuing the market's first-ever GBP tokenized bond, for registration and issuance under Luxembourg law, using HSBC Orion.

ABN AMRO and Rabobank issued €1.1 million of one-month digital commercial tokenized on the Deutsche Börse Clearstream D7 distributed ledger technology (DLT) based platform. The Luxembourg transaction was settled atomically using a wholesale central bank digital currency (CBDC) issued by the Banque de France, as part of the Eurosystem's DLT trials for wholesale settlement using central bank money. This is Clearstream's 5th use case at the European Central Bank (ECB) trials on the D7 platform.