#Swift

4 articles tagged #Swift — curated RWA tokenization coverage.

#Chainlink #CrossBorderPayments #TokenizedDeposits #BankingInfrastructure #Blockchain #CantonNetwork #CCIP #ICMA #InstitutionalFinance #Interoperability

Swift's Blockchain Ledger Goes Live With Tokenized Deposit Pilot Across 17 Banks

9.0

Infrastructure

Swift's Blockchain Ledger Goes Live With Tokenized Deposit Pilot Across 17 Banks

Swift has officially launched a live pilot of its blockchain-based shared ledger, enabling 17 global banks across six continents to test cross-border payments using tokenized deposits. Participating institutions include major players such as Citi, HSBC, UBS, BNY, and Wells Fargo, marking a significant transition from development to production-ready infrastructure. This system allows for the movement of tokenized commercial bank money outside of traditional banking hours, including weekends and overnight, without replacing existing settlement rails. By maintaining established compliance and control frameworks, Swift aims to provide a regulated alternative to stablecoin-based payment solutions. The initiative addresses the growing demand for 24/7 liquidity management and improved corporate cross-border payment experiences. This development is critical for the RWA market as it establishes a connective layer that integrates with multiple blockchains while preserving the security of traditional finance. The success of this pilot will serve as a key indicator for the future scalability of institutional tokenized value transfers.

#Blockchain

Swift And Chainlink Settlement Trials Keep Tokenized Assets In The Banking Conversation

8.5

Infrastructure

Swift And Chainlink Settlement Trials Keep Tokenized Assets In The Banking Conversation

Swift and Chainlink are conducting collaborative trials to integrate tokenized assets into existing global banking settlement systems. By utilizing Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the initiative aims to enable secure asset and message transfers across diverse blockchain environments. This development is significant because it addresses the institutional requirement for interoperability without necessitating a complete overhaul of legacy financial infrastructure. Swift’s central role in global bank messaging provides a high level of credibility to these blockchain integration tests. The trials demonstrate that financial institutions are prioritizing controls, standards, and compatibility as they explore tokenization. While these efforts do not guarantee immediate mass adoption, they represent a critical bridge between theoretical ambition and practical implementation. For Chainlink, the partnership validates CCIP as a secure messaging layer capable of serving institutional needs beyond crypto-native use cases. Ultimately, these trials serve as a verifiable data point in the ongoing evolution of institutional RWA settlement.

#Tokenization #Interoperability #Chainlink

bitcoinist.com·5d ago

SWIFT launches blockchain ledger with 17

9.5

Infrastructure

SWIFT launches blockchain ledger with 17

SWIFT has officially launched a new blockchain-based ledger designed to facilitate cross-border payments using tokenized bank deposits. Seventeen major global financial institutions, including HSBC, Citi, BNP Paribas, UBS, ANZ, DBS, and Standard Chartered, are participating in the initial pilot phase. This development follows nine months of intensive internal development aimed at enabling 24/7 payment availability, including weekends and overnight transactions. By integrating tokenized deposits into its existing messaging infrastructure, SWIFT seeks to modernize cross-border settlements while maintaining rigorous compliance, credit, and risk management standards. This initiative represents a significant shift in how traditional banking networks adopt distributed ledger technology to enhance the velocity of global commerce. The move aligns with a broader industry trend toward tokenized financial assets, positioning SWIFT as a central player in the evolution of programmable money. Ultimately, this pilot demonstrates that major financial incumbents are prioritizing the integration of blockchain rails to meet the demands of modern, always-on global markets.

#CrossBorderPayments #TokenizedDeposits #BankingInfrastructure

Cointelegraph — RWA Tokenization·6d ago

Swift Routes 11,000 Banks Through Chainlink CCIP to Every Blockchain: Inside ICMA's DLT Repo Report

10.0

Infrastructure

Swift Routes 11,000 Banks Through Chainlink CCIP to Every Blockchain: Inside ICMA's DLT Repo Report

The International Capital Market Association (ICMA) released a comprehensive report in June 2026 mapping the infrastructure connecting traditional finance to distributed ledger technology (DLT). The report confirms that institutional repo markets, which settle $10 trillion daily, are rapidly migrating to interoperable blockchain rails. Broadridge’s DLR platform and JP Morgan’s Kinexys, both built on the Canton Network, now facilitate massive volumes, with Broadridge clearing over $8 trillion in monthly repo volume as of 2026. Crucially, the report identifies Swift’s new blockchain interlinking solution as a primary bridge for 11,000 global banks, utilizing Chainlink’s CCIP for cross-chain messaging and orchestration. This architecture allows banks to access tokenized assets without overhauling legacy systems, effectively creating a plug-and-play bridge for regulated capital. By leveraging these rails, institutions aim to reduce the $639 billion in idle cash buffers currently held for intraday settlement mismatches. The convergence of Canton for settlement and Chainlink for routing signals a shift toward a unified, interoperable institutional ecosystem. This documentation provides a verified blueprint for how trillions in global assets are transitioning to blockchain-based settlement.

#CantonNetwork #Chainlink #RepoMarkets

genfinity.io·Jul 2

#Swift

Swift's Blockchain Ledger Goes Live With Tokenized Deposit Pilot Across 17 Banks

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Swift And Chainlink Settlement Trials Keep Tokenized Assets In The Banking Conversation

SWIFT launches blockchain ledger with 17

Swift Routes 11,000 Banks Through Chainlink CCIP to Every Blockchain: Inside ICMA's DLT Repo Report