The European Central Bank (ECB) has announced plans to incorporate assets based on distributed ledger technology (DLT) into its collateral system. The core of the update revolves around accepting marketable assets issued through central securities depositories (CSDs) that utilize DLT-based services as eligible collateral for Eurosystem credit operations. These assets, which could include bonds or other securities recorded on blockchain-like platforms, will be treated on par with traditional collateral. By integrating DLT in this manner, the ECB aims to foster technological progress within the European financial ecosystem. The ECB has outlined a comprehensive work plan to broaden the scope beyond CSD-linked DLT assets.