IBM Connects Banks To Swift’s Blockchain Ledger For Tokenized Deposits

IBM launched a beta integration connecting its Digital Asset Haven to Swift's blockchain-based shared ledger. Banks can now instruct tokenized-deposit transactions using existing ISO 20022 payment messages. Swift's ledger is being tested by 17 institutions, and IBM is adding an on-premises version of Digital Asset Haven. The adapter lets banks use familiar message formats, easing institutional blockchain adoption.