SWIFT Develops Global Infrastructure for Tokenized Assets

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is enhancing its global infrastructure to optimize transfers and settlements for tokenized assets, as announced on its official website.

As a trusted and efficient platform for fiat and securities transactions, SWIFT aims to expand its infrastructure to provide members with seamless access to new classes of digital assets and currencies across various use cases.

Integrating digital assets into its network is a significant step forward in SWIFT’s evolution as a global interbank network, enabling the secure and efficient exchange of tokenized assets.

The new platform is designed to facilitate real-time payment and exchange of tokenized assets between securities buyers on the network, streamlining the transaction process and enhancing overall efficiency.