Taurus links digital asset platforms to Swift’s blockchain ledger

cointelegraphPublicado em 2026-08-26Última atualização em 2026-08-26

Resumo

Digital asset infrastructure provider Taurus has integrated its tokenization and custody platforms with Swift's blockchain-based ledger. This allows Taurus clients to connect their existing infrastructure to use bank-issued tokenized deposits for payments. Initial client integrations are expected within days, with the first transactions via the platform anticipated in weeks. Swift's ledger, announced ready for initial use in July with 17 global banks piloting, serves as an orchestration layer for 24/7 cross-border payments using tokenized deposits. It coordinates transfers between institutions prior to final settlement. Notably, Standard Chartered and HSBC have already completed the ledger's first live cross-border transaction.

Digital asset infrastructure provider Taurus has integrated its tokenization and custody platforms with Swift’s blockchain-based ledger.

Taurus said Wednesday in an announcement shared with Cointelegraph that its clients can connect their existing digital asset infrastructure to the ledger for payments using bank-issued tokenized deposits.

The first client integrations are expected to go live within days, with the first distributed ledger technology transactions facilitated through its platforms expected within weeks.

Swift announced in July that the ledger was ready for initial use, with 17 banks across six continents preparing to pilot live transactions using tokenized deposits. Standard Chartered and HSBC have since completed the ledger’s first live cross-border transaction, connecting their separate tokenized deposit systems.

The international payments network’s ledger serves as an orchestration layer for round-the-clock cross-border payments using tokenized deposits on participating banks’ balance sheets. It coordinates transfers between institutions before final settlement through existing arrangements, including real-time gross settlement systems.

Related: StanChart, HSBC execute first live transaction on Swift blockchain ledger

Perguntas relacionadas

QWhat has Taurus integrated with Swift's blockchain-based ledger?

ATaurus has integrated its tokenization and custody platforms with Swift's blockchain-based ledger.

QWhat can Taurus's clients connect to the Swift ledger for, using bank-issued tokenized deposits?

ATaurus's clients can connect their existing digital asset infrastructure to the Swift ledger for payments using bank-issued tokenized deposits.

QWhen were the first client integrations and the first DLT transactions expected to go live?

AThe first client integrations were expected to go live within days, and the first distributed ledger technology (DLT) transactions were expected within weeks.

QWhich banks completed the first live cross-border transaction on the Swift ledger?

AStandard Chartered and HSBC completed the Swift ledger's first live cross-border transaction.

QWhat is the primary function of Swift's ledger in the context of cross-border payments?

ASwift's ledger serves as an orchestration layer for round-the-clock cross-border payments using tokenized deposits on participating banks' balance sheets, coordinating transfers before final settlement through existing systems.

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