Swift and Standard Chartered Launch Blockchain Ledger for Tokenized Finance
Swift and Standard Chartered announced a joint blockchain ledger designed to enable institutions on Swift’s network to issue, transfer and settle tokenized assets more efficiently. By integrating the ledger with Swift’s connectivity to some 11,500 financial institutions, the project seeks to offer banks and asset managers a standardized plumbing layer for tokenized securities and other digital instruments.
The move matters because it brings a large, existing payments and messaging network into tokenization infrastructure, potentially reducing settlement times, lowering operational friction and improving cross-border interoperability for institutional transactions. While adoption will depend on integration work and regulatory alignment in different markets, the partnership signals accelerating institutional support for tokenized finance and could help move tokenized asset markets from pilots toward production scale.