IBM has connected its Digital Asset Haven to the Swift network via a beta connection. Banks can now initiate tokenized deposit transfers using existing payment messages and compliance workflows such as ISO 20022.
This also provides institutions with an option to deploy a beta version within their own data centers, running IBM’s digital assets platform. For banks, familiar processes remain unchanged—the only difference is that the settlement path is beginning to move onto 24/7 networks. Market interpretation is largely bullish; the focus is more on the RWA, deposit tokenization, and institutional on-chain settlement narrative—not on a specific blockchain token immediately pumping.
Consider one scenario: if more financial institutions continue to trial on-chain deposits along the Swift ecosystem, attention toward institutional payment infrastructure may keep rising. Consider another scenario: if sentiment stays at the concept level, sector heat could quickly fade back to fundamentals. Would you rather keep watching RWA, or first see whether institutional payment infrastructure can carry the momentum?
Source: Cointelegraph
Image 1: IBM connects to a Swift on-chain deposit ledger · Key news points
Image source: https://cointelegraph.com/news/ibm-banks-swift-ledger-tokenized-deposit-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This also provides institutions with an option to deploy a beta version within their own data centers, running IBM’s digital assets platform. For banks, familiar processes remain unchanged—the only difference is that the settlement path is beginning to move onto 24/7 networks. Market interpretation is largely bullish; the focus is more on the RWA, deposit tokenization, and institutional on-chain settlement narrative—not on a specific blockchain token immediately pumping.
Consider one scenario: if more financial institutions continue to trial on-chain deposits along the Swift ecosystem, attention toward institutional payment infrastructure may keep rising. Consider another scenario: if sentiment stays at the concept level, sector heat could quickly fade back to fundamentals. Would you rather keep watching RWA, or first see whether institutional payment infrastructure can carry the momentum?
Source: Cointelegraph
Image 1: IBM connects to a Swift on-chain deposit ledger · Key news points
Image source: https://cointelegraph.com/news/ibm-banks-swift-ledger-tokenized-deposit-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
