Taurus integrates with SWIFT ledger for tokenized deposits

⚡ Executive Digest (3-Minute Breakdown)

• What Happened: Taurus has integrated its tokenization and custody platforms with Swift’s blockchain-based ledger, allowing clients to route payments using bank-issued tokenized deposits. Initial institutional connections are expected within days, with transactions following within weeks. The move builds on Swift’s July announcement that its blockchain ledger was ready for use, with 17 banks across six continents preparing pilots. Standard Chartered and HSBC have already completed the ledger’s first live cross-border transaction. Swift’s ledger acts as an orchestration layer for continuous cross-border payments, coordinating tokenized deposits across participating banks before final settlement. Taurus’ integration could accelerate institutional experimentation and operational adoption of tokenized deposit infrastructures.
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