IBM connects Digital Asset Haven to Swift blockchain ledger for tokenized deposit transactions
IBM has integrated its Digital Asset Haven platform with Swift’s blockchain-based shared ledger, enabling financial institutions to conduct tokenized deposit transactions. A new beta ISO 20022 messaging adapter allows banks to utilize existing payment message formats to instruct these transactions, bridging traditional operational processes with blockchain networks. This development supports 24/7 digital asset movement while maintaining final settlement through established financial systems. Additionally, IBM is launching an on-premises beta of Digital Asset Haven for IBM Z and LinuxONE, allowing organizations to manage stablecoins and tokenized deposits within their own data centers. By leveraging IBM Crypto Express hardware security modules, the platform ensures that key management remains entirely under client control. These initiatives reflect a broader industry push to integrate tokenized assets into global financial infrastructure. The collaboration underscores the importance of interoperability between legacy messaging standards and emerging distributed ledger technologies for institutional adoption.