Taurus connects platforms to Swift blockchain ledger

• Taurus connected its digital asset platforms to Swift’s blockchain-based ledger.
• The first client integrations could go live within days.
• The first transactions through Taurus are expected within weeks.

Taurus connected its custody and tokenisation platforms to Swift’s blockchain ledger for cross-border payments.

The link lets Taurus clients connect their existing systems to Swift’s ledger for tokenised deposit payments.

The first client integrations are expected within days, with the first distributed-ledger transactions through Taurus expected within weeks.

Swift launched the ledger in July, with 17 banks across six continents preparing to test tokenised deposits.

The ledger is designed to support round-the-clock cross-border payments using bank-issued tokenised deposits.

Standard Chartered and HSBC have already completed Swift’s first live cross-border transaction using separate tokenised deposit systems.

Taurus expects its first ledger transactions within weeks as banks continue testing blockchain-based payment infrastructure.