
IBM is connecting its Digital Asset Haven platform to Swift's blockchain ledger, letting banks settle tokenized deposit transactions around the clock. The integration gives financial institutions a 24/7 settlement rail for tokenized deposits through IBM's asset-services infrastructure.
The move follows Swift's first confirmed live blockchain-ledger transfers by HSBC, Standard Chartered, Citi and DBS as the network races to prove its tokenized-settlement rails.
CoinDesk