The Bank of Spain is moving to test a wholesale central bank digital currency (CBDC) in partnership with two tech partners. The bank recently announced that it enlisted the aid of Adhara, a Web3 company, and a consortium of two national banks, Cecabank and Abanca, to design and test different platforms involving a wholesale CBDC. In a document, the Bank of Spain describes that Adhara will work in “the simulation of achieving interbank payments both with the same tokenized wholesale CBDC and with several wholesale CBDCs issued by different central banks.