IBM Beta Links Banks to Swift Ledger for Tokenized Deposits

2026-09-25

IBM has launched a beta program allowing banks to conduct tokenized deposit transfers on Swift's ledger. This integration aims to streamline transactions using existing payment and compliance infrastructure.

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IBM has launched a beta program that connects banks to Swift's ledger for tokenized deposit transfers. This integration intends to streamline transactions by utilizing existing payment and compliance infrastructure.

Key facts

IBM has introduced a beta link for banks to conduct tokenized deposit transfers on Swift's ledger.
Clients of IBM Digital Asset Haven can connect to Swift's shared ledger to instruct these transactions.
The system is designed to use existing payment messages and compliance processes.
This development facilitates 24/7 tokenized deposit operations.
It represents a step towards integrating tokenized assets within traditional financial messaging networks.

Source: CoinTelegraph

Reported by VERA Newswire.