SWIFT Teams Up With Top Banks to Support Tokenized Assets on a Global Ledger

SWIFT has confirmed that it is developing a blockchain‑based shared ledger in partnership with more than 30 leading banks from 16 countries, using a prototype built with Consensys to enable real‑time, round‑the‑clock cross‑border payments.

The new infrastructure is designed to move regulated tokenized value – including tokenized deposits, securities and potentially CBDCs or stablecoins – while remaining interoperable with today’s SWIFT messaging rails that already link over 11,500 institutions in 200+ countries.

For crypto and RWA markets, this could dramatically accelerate institutional adoption by giving banks a trusted way to settle tokenized assets at global scale without abandoning existing systems.