Chainlink LINK Powers Swift’s Landmark Blockchain Integration with Major Banks
Swift has completed a pivotal interoperability pilot with major financial institutions, leveraging Chainlink's Cross-Chain Interoperability Protocol (CCIP) to bridge tokenized bond settlements between legacy and blockchain systems. The trial, involving BNP Paribas, Intesa Sanpaolo, and Société Générale's FORGE, demonstrates growing institutional appetite for blockchain integration without disrupting existing infrastructure.
Over a dozen global players—including Citi, BNY Mellon, and Lloyds Banking Group—participated, using Swift's messaging framework to explore seamless digital asset workflows. Chainlink's CCIP emerged as the technical linchpin, enabling cross-chain asset settlement and reinforcing the convergence of traditional finance with decentralized networks.
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