Chainlink Wins Swift Hackathon 2025 with Cross-Border Digital Asset Solution
**Chainlink emerged victorious** in Swift's largest hackathon ever, beating 104 entrants including major banks like Deutsche Bank and Standard Chartered.
The winning solution demonstrates **fast, compliant cross-border digital asset settlement** using:
- Chainlink's Automated Compliance Engine (ACE)
- Chainlink Runtime Environment (CRE)
- GLEIF's vLEI identity verification
- Swift messaging standards
**Key capabilities unlocked:**
- Cross-chain and cross-border trading
- Privacy-preserving settlement
- Regulatory compliance automation
The technology can extend to power **multiple digital asset types** including stablecoins, tokenized deposits, CBDCs, and digital securities.
This victory builds on Chainlink's ongoing collaboration with Swift, including recent announcements at Sibos 2025 around corporate actions automation and institutional blockchain adoption.
[Read the full announcement](https://blog.chain.link/chainlink-wins-swift-hackathon/)