#Interoperability

41 articles tagged #Interoperability — curated RWA tokenization coverage.

Can Kinexys become the connective tissue between tokenised and traditional finance?
Infrastructure

Can Kinexys become the connective tissue between tokenised and traditional finance?

J.P. Morgan has expanded its Kinexys blockchain infrastructure by adding five new currencies to its Blockchain Deposit Account network, including the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi, and Singapore dollar. This expansion brings the total supported currencies to eight, facilitating 24/7 settlement and programmable payments across major Asia-Pacific markets. Since its inception, Kinexys has processed over $4 trillion in transaction volume, with daily activity currently exceeding $7 billion. The platform aims to serve as the essential interoperability layer, or connective tissue, between fragmented traditional finance systems and emerging tokenized asset markets. By bridging private and public blockchains, Kinexys enables institutional clients to move liquidity between local payment rails and digital asset ecosystems seamlessly. J.P. Morgan continues to balance proprietary development with participation in industry-wide initiatives like Partior and Swift’s Digital Ledger project. This strategic focus on interoperability is critical for the RWA market, as it addresses the fundamental challenge of connecting regulated bank money with tokenized assets on public networks like Base.

theasianbanker.com·Oct 12, 20268.5
India’s Sitharaman, Singapore’s MAS Discuss Tokenization and Regulatory Challenges
Infrastructure

India’s Sitharaman, Singapore’s MAS Discuss Tokenization and Regulatory Challenges

India’s Finance Ministry and the Monetary Authority of Singapore (MAS) held high-level discussions on October 10 regarding the integration of tokenization within digital-asset ecosystems. Finance Minister Nirmala Sitharaman and MAS Deputy Managing Director Leong Sing Chiong explored the potential for tokenization to drive operational efficiency while acknowledging the complex regulatory hurdles involved. The dialogue centered on the critical need for interoperability and trusted settlement arrangements to support cross-border digital asset adoption. Singapore officials shared their existing regulatory framework and approach to tokenization as a reference for future cooperation. While no immediate policy changes were announced, the meeting solidified a collaborative commitment between the two nations to address emerging technology challenges. This engagement highlights the growing importance of bilateral regulatory alignment in fostering a secure environment for tokenized assets. Such inter-governmental cooperation is essential for establishing the global standards required to scale RWA tokenization across international borders.

tokenpost.com·Oct 11, 20267.0
LINK News: Chainlink Expands Swift Partnership Into Tokenized Securities
Infrastructure

LINK News: Chainlink Expands Swift Partnership Into Tokenized Securities

Chainlink has expanded its partnership with Swift by demonstrating an automated cash-dividend system for tokenized equities across four distinct blockchains. Utilizing the Chainlink Runtime Environment (CRE), the system maintains compatibility with ISO 20022 messaging standards to ensure seamless integration with existing financial infrastructure. The solution creates a single canonical ownership record, effectively preventing double-counting of shares that exist across multiple networks. An integrated Automated Compliance Engine performs real-time identity, sanctions, and tax checks before executing payments. Payouts are facilitated through stablecoins, tokenized deposits, or CBDCs, with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) managing settlement across chains. This development marks a significant shift toward making tokenized stocks function with the same operational efficiency as conventional securities. By automating complex corporate actions like dividends and redemptions, the collaboration addresses critical interoperability challenges for institutional adoption of tokenized assets.

cryptorank.io·Oct 6, 20269.0
At Sibos, The Clearing House CEO maps out tokenized deposit architecture
Infrastructure

At Sibos, The Clearing House CEO maps out tokenized deposit architecture

The Clearing House (TCH), led by CEO David Watson, has unveiled a dual-track architecture for its upcoming tokenized deposit initiative. The first track, developed in partnership with Quant, is scheduled for launch in the first half of 2027, while the second track involves a Layer 2 blockchain currently without a vendor or timeline. Rather than creating a single shared token, TCH is focusing on building interoperability between individual bank-issued tokenized deposit platforms. This strategic approach aims to support diverse payment rails, allowing technology to automatically select the most efficient path for specific use cases like DVP securities settlement or PVP treasury payments. Watson emphasizes a coexistence model where tokenized deposits, traditional rails, and stablecoins serve distinct market needs. By standardizing how these deposits interact, TCH seeks to modernize the underlying infrastructure for institutional financial transactions. This development is significant for the RWA market as it provides a clear roadmap for how major banking institutions plan to integrate tokenized cash into existing settlement frameworks.

ledgerinsights.com·Oct 1, 20268.0
ANZ completes landmark cross-border tokenised deposit payment with Swift, BHP and Citi
Infrastructure

ANZ completes landmark cross-border tokenised deposit payment with Swift, BHP and Citi

ANZ has successfully executed a live cross-border corporate treasury transaction using tokenized deposits on the Swift blockchain ledger. The pilot involved a collaboration between ANZ, BHP, Swift, and Citi to facilitate US dollar payments between Melbourne and New York. By leveraging shared ledger technology, the transaction demonstrated the ability to process payments outside of traditional banking hours with increased speed and efficiency. This initiative highlights the potential for tokenized deposits to operate seamlessly across different banking institutions while remaining invisible to the end customer. For the RWA market, this represents a significant step toward integrating digital assets into existing global financial infrastructure. The successful test confirms that Swift’s ledger can act as a secure connector for interoperable tokenized deposits, supporting 24/7 liquidity management for multinational corporations. This development underscores a shift toward real-time, always-on settlement capabilities within the traditional banking ecosystem.

nationaltribune.com.au·Sep 30, 20268.0
DTCC white paper outlines interoperability as key to scaling tokenization
Infrastructure

DTCC white paper outlines interoperability as key to scaling tokenization

The Depository Trust & Clearing Corporation (DTCC), Citi, and Swift have co-authored a white paper emphasizing that interoperability is the critical factor for scaling tokenized financial markets. The report argues that without connected infrastructure, digital assets will remain trapped in fragmented silos, leading to increased operational complexity and reduced liquidity. By enabling seamless movement of assets, cash, and collateral across diverse networks, these institutions aim to support automated servicing, compliance, and event-driven payments. The paper highlights that programmability allows for embedded governance and risk management directly within digital assets, which is essential for institutional-grade adoption. Beyond technical connectivity, the authors stress that regulatory clarity, legal certainty, and robust governance are mandatory prerequisites for the transition from pilot programs to full-scale implementation. This collaborative effort signals a shift in institutional focus toward building the foundational plumbing required for a unified digital financial ecosystem. Ultimately, the integration of these systems is presented as the primary mechanism to reduce friction and improve capital efficiency in global markets.

tradersunion.com·Sep 29, 20268.0
The Clearing House selects Quant for tokenized deposit interoperability
Infrastructure

The Clearing House selects Quant for tokenized deposit interoperability

The Clearing House (TCH) has selected Quant to develop an interoperability layer for its On-Chain Money Initiative, aiming to facilitate interbank payments using tokenized deposits. This project seeks to bridge the gap between disparate bank-specific tokenized deposit platforms, which currently operate in silos. By leveraging Quant’s orchestration technology, TCH intends to enable seamless clearing and settlement between customers of different financial institutions. The initiative is scheduled for a target launch in the first half of 2027, building upon TCH's existing role as the operator of the RTP and CHIPS networks. This development is significant for the RWA market as it addresses the critical need for cross-platform liquidity and interoperability in the tokenized deposit space. Beyond standard payments, the system will support conditional payments, treasury liquidity management, and the settlement of digital asset transactions. By integrating these capabilities into a trusted clearing house framework, the initiative aims to bring the efficiency of on-chain settlement to traditional banking infrastructure.

ledgerinsights.com·Sep 24, 20268.0
UK tokenized deposit platform GBTD conducts first live transactions
Infrastructure

UK tokenized deposit platform GBTD conducts first live transactions

The Great British Tokenised Deposit (GBTD) initiative has successfully executed its first live customer transactions, marking a significant milestone for the UK's digital asset infrastructure. Coordinated by UK Finance and built on technology developed by Quant, the platform facilitates interoperability between the distinct tokenized deposit solutions of seven major banks: Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest, and Santander. Unlike many global initiatives focused exclusively on wholesale markets, GBTD is uniquely designed to support retail applications alongside institutional use cases. The pilot program demonstrated the platform's utility in the mortgage sector, specifically utilizing a fund-locking mechanism to secure capital during remortgage completions. This feature allows funds to remain productive and earn interest until the moment of settlement, streamlining the transaction process. By providing a unified messaging and clearing layer, GBTD addresses the fragmentation inherent in multi-bank digital asset ecosystems. This development represents a critical step toward integrating programmable money into the UK's retail banking landscape, potentially setting a standard for future interoperable deposit tokens.

ledgerinsights.com·Sep 24, 20268.0
Barclays, Lloyds and NatWest complete tokenized deposit transactions
Infrastructure

Barclays, Lloyds and NatWest complete tokenized deposit transactions

Major UK financial institutions including Barclays, Lloyds Banking Group, and NatWest have successfully completed the world's first interbank transactions using tokenized deposits. Facilitated by the UK Finance Great British Tokenised Deposit initiative, the pilot tested the movement of digital representations of sterling across different banking systems for remortgage and person-to-person payments. Unlike previous isolated experiments, this project focused on interoperability, allowing programmable money to remain reserved until specific transaction conditions were met. This development is significant for the RWA market as it demonstrates how commercial bank money can be digitized while retaining its legal status as a bank liability and regulatory protection. By utilizing blockchain infrastructure, the banks aim to reduce fraud risks and improve settlement efficiency for complex financial processes. The initiative, supported by Quant, EY, and Linklaters, serves as a foundational step toward a broader digital asset ecosystem in the UK. Looking ahead, participants plan to expand these capabilities to include digital bond trading and settlement by early 2027.

crypto.news·Sep 24, 20268.5
Canada’s big six banks plan tokenized deposits
Infrastructure

Canada’s big six banks plan tokenized deposits

Canada’s six largest banks, including BMO, CIBC, NBC, RBC, Scotiabank, and TD Bank Group, have launched a collaborative initiative to develop tokenized deposits for the Canadian dollar. This move follows recent guidance from the Office of the Superintendent of Financial Institutions (OSFI), which clarified that tokenized deposits maintain the same legal status as conventional bank deposits. By focusing on programmability, the banks aim to facilitate seamless transfers of tokenized assets across different financial institutions. While previous industry efforts, such as those by JPMorgan and Citi, have largely focused on single-bank solutions, this Canadian project prioritizes interbank interoperability. The initiative intends to eventually integrate with third-party digital asset ecosystems to expand the utility of tokenized money. The banks are currently exploring settlement mechanisms, potentially utilizing wholesale CBDCs or tokenized reserves to bridge the gap between token movement and interbank settlement. This development marks a significant shift toward a unified digital infrastructure for the Canadian banking sector, moving beyond isolated pilot programs.

ledgerinsights.com·Sep 22, 20268.0
Canton Network’s Architecture Positions It as an Institutional Blockchain, BSCN Says
Infrastructure

Canton Network’s Architecture Positions It as an Institutional Blockchain, BSCN Says

The Canton Network is being positioned as a foundational 'network of networks' designed specifically for institutional blockchain infrastructure. According to recent commentary from BSCN, the network's unique architecture serves as the primary mechanism enabling disparate systems and applications to interact seamlessly. This structural design allows financial institutions to maintain distinct operating environments while ensuring interoperability across a broader ecosystem. By focusing on how data and assets are handled across connected systems, the architecture addresses critical requirements for institutional-grade distributed ledger technology. The emphasis on this structural model highlights a shift toward interconnected systems rather than standalone blockchain deployments. While the report does not cite specific transaction volumes or new product launches, it underscores the importance of architectural design in the adoption of RWA tokenization. This focus on connectivity is essential for the future of institutional finance, where complex regulatory and operational needs demand highly integrated yet modular blockchain solutions.

hokanews.com·Sep 19, 20266.5
Singapore banks complete first domestic tokenized deposit payments via Swift blockchain
Infrastructure

Singapore banks complete first domestic tokenized deposit payments via Swift blockchain

DBS, OCBC, and UOB have successfully executed the first live domestic interbank payments using tokenized deposits on the Swift blockchain ledger in Singapore. This milestone follows recent successful cross-border trials by the same institutions, signaling a shift toward broader interoperability for tokenized assets. By moving beyond single-bank systems, these banks are addressing a critical limitation where tokenized deposits were previously restricted to internal client ecosystems. The use of Swift’s ledger as a common infrastructure allows for seamless value transfer between different banking entities, effectively creating a unified payment network. This development is significant for the RWA market as it demonstrates how established financial institutions can leverage existing messaging infrastructure to bridge fragmented DLT silos. Similar initiatives are currently underway globally, including projects by The Clearing House in the U.S. and the GBTD project in the U.K., highlighting a worldwide trend toward standardized tokenized deposit frameworks. Ultimately, this move positions Singapore as a leader in domestic interoperability, providing a scalable blueprint for the future of digital commercial bank money.

ledgerinsights.com·Sep 14, 20268.5
DSRV Expands Digital Finance Infrastructure with Canton Network Custody Integration
Infrastructure

DSRV Expands Digital Finance Infrastructure with Canton Network Custody Integration

DSRV has officially integrated its digital asset custody solutions with the Canton Network, a privacy-enabled interoperable blockchain designed for institutional finance. This integration allows DSRV to provide secure, enterprise-grade custody services for assets tokenized on the Canton Network, which is supported by major financial institutions like Goldman Sachs and Microsoft. By bridging its infrastructure with this permissioned ledger, DSRV aims to facilitate the seamless movement and management of institutional-grade real-world assets. The move addresses critical requirements for institutional adoption, specifically the need for robust security and regulatory compliance in decentralized financial environments. This development signifies a growing trend where specialized infrastructure providers are aligning with institutional-grade networks to support the lifecycle of tokenized securities. As the Canton Network continues to attract major financial players, DSRV's participation underscores the importance of interoperable custody solutions in the broader RWA ecosystem. This partnership ultimately lowers the barrier for traditional financial institutions to participate in blockchain-based asset management while maintaining strict operational standards.

asiae.co.kr·Sep 10, 20267.5
Matter Labs open sources Prividium core as Bundesbank tests it. Interoperability next
Infrastructure

Matter Labs open sources Prividium core as Bundesbank tests it. Interoperability next

Matter Labs has open-sourced the core engine of Prividium, its privacy-focused blockchain platform specifically engineered for financial institutions. This core component manages access rights and roles, allowing institutions to deploy permissioned chains using public code without requiring a commercial agreement with Matter Labs. The Deutsche Bundesbank has become the first institution to self-host the platform, collaborating with Matter Labs on design and testing phases. Prividium utilizes zero-knowledge proofs to ensure transaction data remains private within an institution's internal environment, while only cryptographic proofs are recorded on public chains like Ethereum. This development is significant as it lowers the barrier for central banks and commercial lenders to adopt institutional-grade blockchain infrastructure. Previous implementations of ZKsync technology include Deutsche Bank’s DAMA 2 fund project and UBS’s digital gold proof of concept. By open-sourcing the core, Matter Labs aims to address the critical challenge of interoperability between isolated institutional chains and broader public markets. The move signals a shift toward standardized, transparent infrastructure for regulated financial entities.

Ledger Insights·Sep 10, 20267.5
Automated agents may use USDM for cross-chain trading, Charles Hoskinson notes
Stablecoins

Automated agents may use USDM for cross-chain trading, Charles Hoskinson notes

Charles Hoskinson, founder of Cardano and CEO of Input Output Global, has outlined a vision for the future of cross-chain stablecoin utility involving USDM. The proposed framework centers on autonomous trading agents capable of interacting with physical ATMs to acquire USDM, which can then be seamlessly mirrored across multiple blockchain ecosystems. By leveraging interoperability between networks such as Cardano, Ethereum, Solana, and Hyperliquid, these agents aim to facilitate frictionless trading and real-world purchasing power. This development highlights the growing focus on bridging the gap between traditional fiat-backed assets and decentralized finance infrastructure. Hoskinson emphasizes that the underlying systems for these cross-chain interactions are advancing rapidly, with an upcoming workshop scheduled to further refine the technical implementation. For the RWA market, this signifies a shift toward automated, multi-chain liquidity management for stablecoins. The ability to move tokenized fiat representations across disparate chains is critical for increasing the utility and adoption of RWA-backed tokens in global commerce.

tradersunion.com·Sep 9, 20265.5
Citi's use of Swift blockchain extends tokenized deposits' reach
Infrastructure

Citi's use of Swift blockchain extends tokenized deposits' reach

Citi has integrated its proprietary Citi Token Services with Swift’s new permissioned blockchain network to enable the cross-institutional movement of tokenized deposits. Previously, Citi’s tokenized deposits were restricted to its internal network, creating a siloed environment that limited the utility of digital assets for global payments. By leveraging Swift’s distributed ledger, which utilizes a layer-two protocol compatible with Ethereum and developed with Consensys, Citi can now facilitate interoperability with other major financial institutions. This development addresses the central limitation of proprietary ledgers by providing a common coordination mechanism for banks to settle transactions without building complex bilateral connections. Seventeen major global banks, including BNY, HSBC, and UBS, are supporting this initiative to modernize correspondent banking. The integration allows for immutable payment messaging while maintaining the security and compliance standards of the traditional Swift network. This move represents a significant step toward a hub-and-spoke architecture that could eventually scale tokenized deposit settlements to a global level.

americanbanker.com·Sep 4, 20269.0
FAB completes live tokenized deposit milestone with Citi through Swift Ledger
Infrastructure

FAB completes live tokenized deposit milestone with Citi through Swift Ledger

First Abu Dhabi Bank (FAB) has successfully executed live USD transactions using tokenized deposits in collaboration with Citi via the Swift Ledger Minimum Viable Product. This milestone marks the first time a bank in the Middle East and Africa has utilized Swift's smart contract settlement infrastructure to facilitate 24/7 cross-border payments. The initiative aims to reduce fragmentation across emerging tokenized money networks by providing a unified orchestration and interoperability layer. By integrating tokenized deposits with existing Swift messaging, the transaction demonstrated that regulated commercial bank money can support programmable payments while maintaining traditional liquidity and risk management frameworks. Crucially, the tokenized deposits remained on the participating banks' balance sheets, ensuring that interbank settlement continued through established correspondent banking channels. This development is significant for the RWA market as it validates the integration of distributed ledger technology with legacy financial systems to enhance global payment efficiency. FAB plans to continue collaborating with Swift to expand these capabilities into programmable treasury solutions for institutional clients.

zawya.com·Sep 2, 20268.0
Centrifuge and LI.FI Partner to Expand Cross-Chain Access to Tokenized Assets
Infrastructure

Centrifuge and LI.FI Partner to Expand Cross-Chain Access to Tokenized Assets

Centrifuge and LI.FI announced a strategic partnership on August 31, 2026, to address the fragmentation of tokenized assets across disparate blockchain networks. Centrifuge, which manages over $1.6 billion in assets, aims to leverage LI.FI’s liquidity orchestration platform to improve the distribution and accessibility of its onchain products. By integrating LI.FI’s routing infrastructure, users can now access Centrifuge vaults and deRWA tokens directly from various wallets and applications without manually bridging assets. The collaboration utilizes LI.FI Intents to bridge the gap between traditional settlement cycles and the demand for instant onchain liquidity. Market makers can now provide upfront assets to users in exchange for deRWA tokens, effectively absorbing the underlying settlement delays. This integration allows investors to interact with Centrifuge products using capital held on any of the 60+ chains supported by LI.FI. This development marks a significant step in building the necessary infrastructure layer to enable seamless cross-chain movement for real-world assets. Ultimately, the partnership highlights the growing industry focus on interoperability as a prerequisite for mainstream RWA adoption.

cryptonews.net·Sep 1, 20267.5

Insights directly to your inbox

Get our daily curated analysis on real world asset tokenization.

No spam, unsubscribe anytime.