Chainlink Connects Banks to Swift Blockchain Ledger
The partnership uses Chainlink Runtime Environment to let banks keep control of keys and approvals while adopting tokenized payment services.
- On Monday, Chainlink announced a partnership with SWIFT enabling financial institutions to connect internal systems to the SWIFT blockchain ledger via the Chainlink platform.
- The initiative provides a secure orchestration layer for 24/7 cross-border payments using tokenized deposits, allowing banks to preserve existing security governance and approval processes.
- At the solution's center, the Chainlink Runtime Environment enables a self-signing model where institutions retain control of authorization keys. "We are thrilled to be supporting the Swift ledger," Chainlink Labs CEO Sergey Nazarov said.
- Seventeen financial institutions are currently piloting tokenized deposit transactions, positioning the ledger to serve SWIFT's existing network of more than 11,500 institutions and corporates across more than 200 markets.
- SWIFT infrastructure moves an amount equivalent to world GDP roughly every two to three days, and the ledger operates alongside rather than replacing the existing global financial messaging network.
13 Articles
13 Articles
Chainlink Runtime Environment Connects Global Financial Institutions to Swift’s Ledger
During Sibos 2026, industry-standard oracle platform Chainlink officially launched a connectivity framework that allows global financial institutions to access Swift’s blockchain ledger using the Chainlink Runtime Environment (CRE). The self-signing solution allows banks to seamlessly execute 24/7 cross-border payments and manage smart contracts using tokenized deposits. Swift is the world’s leading provider of secure financial […]
Chainlink Swift Integration Connects 17 Banks To Tokenized Payments
Chainlink’s new framework connects bank systems with Swift’s blockchain ledger while allowing institutions to keep control of transaction-signing keys. Seventeen banks are preparing live tokenized-deposit pilots as Swift expands round-the-clock payment capabilities.
Chainlink works on a connection to link banks' signature systems and controls to Swift’s general ledger. The scheme seeks to keep entities’ keys and tokenized deposits on their own balance sheets.
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