Oracle Links With Swift Ledger to Bridge Bank Tokenized Deposits
Oracle is integrating with Swift's blockchain ledger to help banks connect tokenized deposit systems across institutions globally.
Oracle announced at Sibos in Miami that it is integrating with Swift's blockchain ledger, a move designed to help financial institutions plug their existing payment infrastructure into a broader global cross-bank digital payments ecosystem built around tokenized deposits.
The integration allows banks to maintain control over their own tokenized deposit infrastructure while gaining the interoperability needed to transact across institutional boundaries — a longstanding challenge in wholesale banking and settlement operations.
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Tokenized deposits represent a bank's digital equivalent of traditional deposit liabilities, recorded on a distributed ledger rather than legacy core-banking systems. By bridging Oracle's capabilities with Swift's ledger, the partnership aims to reduce friction in cross-border and cross-institution settlement without requiring banks to abandon their existing systems.
The announcement at Sibos, the annual financial services industry conference, underscores growing momentum among established technology vendors and financial messaging networks to position themselves at the center of the emerging tokenized finance infrastructure, as central banks and commercial institutions accelerate digital asset pilots worldwide.
Continue reading at Cryptocurrency for the full details on Oracle's Swift ledger integration and its implications for global tokenized payment networks.
