Swift to build shared ledger to support tokenised asset transactions #
Swift is developing a shared ledger designed to support transactions involving tokenised assets, aiming to bridge traditional financial messaging with emerging blockchain-based infrastructure. The initiative is intended to allow banks and financial institutions to transact tokenised securities, cash, and other digital assets using familiar Swift standards, while maintaining interoperability across different networks and technologies
The project reflects growing interest from financial institutions in tokenisation, particularly for use cases such as settlement, corporate actions, and delivery-versus-payment. Swift said the shared ledger will be developed in collaboration with market participants and will focus on scalability, governance, and regulatory compliance, positioning the network as a neutral layer for tokenised asset activity rather than a replacement for existing blockchains.