Key Points
- •SWIFT and Consensys announce blockchain ledger for global payments.
- •30+ banks involved, enhancing cross-border transactions.
- •Focus on tokenized assets and digital currency integration.
SWIFT, Consensys, and over 30 global banks announced a blockchain-based shared ledger for real-time cross-border payments at the Sibos 2025 conference in Frankfurt.
The integration of blockchain technology aims to enhance transaction efficiency and compliance, signaling significant progress in the institutional adoption of digital assets for global payments.
SWIFT, Consensys, and over 30 banks have announced a blockchain-based shared ledger, enhancing global cross-border payments. The initiative was revealed at Sibos 2025 in Frankfurt, indicating a shift towards round-the-clock transactions.
The announcement impacts financial institutions, potentially transforming market dynamics. Investors and stakeholders might witness real-time, seamless transactions, increasing efficiency in cross-border settlements.
Collaboration Details
SWIFT, Consensys, and over 30 banks have announced a blockchain-based shared ledger, enhancing global cross-border payments. The initiative was revealed at Sibos 2025 in Frankfurt, indicating a shift towards round-the-clock transactions.
The main organizations involved include SWIFT, Consensys, and global banks. Javier Pérez‑Tasso, CEO of SWIFT, emphasized, “I’m very pleased to announce that we will add a blockchain‑based ledger to our technology infrastructure to allow for trusted movement of tokenised value across the digital ecosystems… Banks are ready for it. And they’re asking us to play a bigger role.”
The announcement impacts financial institutions, potentially transforming market dynamics. Investors and stakeholders might witness real‑time, seamless transactions, increasing efficiency in cross‑border settlements.
Financial implications include increased interest in blockchain technology. The political and business landscapes might align with regulatory developments as tokenized assets gain prominence.
The integration of blockchain could lead to innovative financial solutions. It may accelerate the adoption of digital assets in mainstream finance, inviting further scrutiny and regulatory measures.
Insights into financial, regulatory, and technological outcomes highlight scalable infrastructure for tokenized asset movement. Historical trends suggest this could expand Ethereum’s role in DeFi applications, backed by consistency and analysis.