Back to collectionChainlink Announces Connection Layer for Swift’s Ledger
The proposed CRE-based workflow would let banks retain transaction-signing control while connecting their own tokenized-deposit systems to Swift’s ledger.
Chainlink announced on September 28 that it is working on a connection layer between financial institutions and Swift’s blockchain ledger. The design uses the Chainlink Runtime Environment to orchestrate workflows while institutions keep control of the keys that authorize transactions. It is meant to connect bank-owned tokenized-deposit ledgers with Swift’s orchestration layer without replacing banks’ existing approval and security processes.
The announcement describes work under way, not a completed deployment at named banks. Swift separately said in July that its ledger was ready for initial use and that 17 institutions were preparing pilots. The distinction matters: the ledger has moved into an early-use phase, while Chainlink’s bank-connection workflow remains an announced integration path.