SWIFT Collaborates with 30+ Financial Institutions to Develop Blockchain Ledger for Tokenized Assets

BlockTempo

Release Time:12/19/2025 14:35:20

SWIFT has joined forces with over 30 financial institutions to build a blockchain-based shared digital ledger for tokenized assets. The system will support real-time, secure transactions using smart contracts and run parallel to existing infrastructure. It aims to reduce fragmentation in digital finance by linking traditional and tokenized systems. Key partners include major banks and ConsenSys. The project will start with 24/7 cross-border payments and later expand to tokenized deposits, stablecoins, CBDCs, and digital securities. What is clear is that blockchain is playing a central role in this initiative.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.