IBM Connects to Swift Blockchain Ledger, Enabling Bank Tokenized Deposit Transactions — BigGo Finance

IBM Connects to Swift Blockchain Ledger, Enabling Bank Tokenized Deposit Transactions — BigGo Finance

By BigGo Finance
Publication Date: 2026-09-24 12:05:00

IBM has connected its digital asset management platform to the blockchain-based shared ledger operated by the Society for Worldwide Interbank Financial Telecommunication (Swift). The move enables financial institutions to issue, transfer, and settle tokenized deposits using their existing payment messaging infrastructure.

On the 24th (local time), IBM announced the launch of a new message adapter that allows financial institutions to process tokenized deposit transactions through ISO 20022, the global financial messaging standard. Banks can use this adapter to request the issuance, transfer, and settlement of tokenized deposits in standard message formats within their existing payment systems. The key benefit is reducing the burden of building an entirely separate messaging framework for blockchain transactions.

Alongside this, IBM connected its digital asset management platform, Digital Asset Haven, to Swift’s blockchain shared ledger. Swift’s shared ledger is infrastructure that…