Swift Completes Digital Asset Interoperability Trials with Chainlink and Other Institutions

Odaily News As part of Swift's collaboration with Chainlink and UBS Asset Management, Swift has achieved a milestone interoperability goal with BNP Paribas, Intesa Sanpaolo, and Société Générale, demonstrating how Swift can coordinate tokenized asset transactions across multiple platforms.

Furthermore, Swift has recently conducted a series of trials, including: achieving ISO 20022 interoperability between blockchains with HSBC and Ant International; conducting fiat and digital currency settlements with Citi; facilitating digital asset transaction exchanges with Northern Trust and the Reserve Bank of Australia; and connecting tokenized assets with UBS Asset Management and Chainlink. Currently, Swift is focusing on collaborating with over 30 global banks to add blockchain-based ledgers to its infrastructure stack to enable round-the-clock real-time cross-border payments.