Chainlink and Swift allow banks to access blockchain through existing systems

Chainlink and Swift allow banks to access blockchain through existing systems
фото показано с : coinjournal.net

2025-10-1 16:13

Chainlink and Swift enable tokenized fund workflows via existing banking systems. UBS pilots new Chainlink-Swift system, avoiding costly infrastructure upgrades. Global institutions can connect with crypto using their tested rails.

Chainlink and Swift have deepened their collaboration with a new system designed to help financial institutions manage tokenized fund processes using existing infrastructure.

The initiative integrates Swift’s global messaging network with the Chainlink Runtime Environment (CRE), enabling subscription and redemption workflows for tokenized assets without requiring firms to overhaul their legacy systems.

The first pilot involved UBS Tokenize, the tokenization unit of Swiss bank UBS, and builds on earlier work with the Monetary Authority of Singapore’s Project Guardian initiative.

The collaboration aims to demonstrate how blockchain technology can be applied to streamline traditional financial processes, opening the door for broader adoption of tokenized assets.

We’re excited to announce a landmark technical solution enabling financial institutions worldwide to manage digital asset workflows directly from their existing systems using Swift (@swiftcommunity) messaging and Chainlink in collaboration with @UBS.https://t.co/W1fq1guro4… pic.twitter.com/0uBUl2K4tk

— Chainlink (@chainlink) September 30, 2025

Plug-and-play infrastructure for tokenization

The new solution leverages Swift’s ISO 20022-compliant messaging standards alongside Chainlink’s CRE and its Digital Transfer Agent (DTA) technical standard.

Institutions can trigger smart contract events directly through Swift messages, reducing the need for entirely new identity or key management solutions.

Commenting on the milestone, Chainlink co-founder Sergey Nazarov said:

I’m very excited about this landmark innovation we’ve achieved by leveraging Swift’s standards and UBS’s tokenized asset design, as we are showing how the use of smart contracts and new technical standards can enable transfer agents and other entities to manage tokenized asset workflows on-chain.

Markets have responded with optimism as they watch a potential financial revolution unfolding in real-time.

The UBS trial has confirmed that institutions like banks can integrate cryptocurrencies into their existing operations without the need for painful learning curves, new platform launches, or major changes.

Nonetheless, today’s developments come after months of work.

In 2024, UBS, Chainlink, and Swift explored how tokenized funds could operate in Singapore’s Project Guardian.

The latest experiment takes everything to a new level, demonstrating blockchain’s compatibility with already-existing systems.

Chainlink highlighted:

With Swift messages and the Chainlink Runtime Environment (CRE), banks and institutions can seamlessly access blockchains through the same Swift infrastructure they have relied upon for decades.

The broader picture

Blockchain integration into traditional finance (TradiFi) has often felt like connecting two incompatible worlds.

Chainlink and Swift’s innovative model aims to change that narrative.

Rather than asking banks to go all-in on a new technology, they can tap into cryptocurrency using familiar systems – Swift’s messaging.

It is a simple move but with profound effects.

If successful, the approach could herald a new era, with blockchain part of day-to-day undertakings in global finance.

For institutions looking to leverage blockchain’s robustness, the new system means more opportunities and reduced risks.

LINK price outlook

Chainlink’s token remained relatively calm amid the news, up 1% on its daily chart to $21.

However, the 35% uptick in 24-hour trading volume signals renewed activity.

It has consolidated in the past week and looks poised to lead October breakouts.

Popular analyst Ali highlighted $20 launchpad for LINK rebound to $47.

If Chainlink $LINK defends $20 support, the next target could be $47. pic.twitter.com/GUTAuMdJyH

— Ali (@ali_charts) September 30, 2025

That would mean a roughly 124% surge from LINK’s market price.

The post Chainlink and Swift allow banks to access blockchain through existing systems appeared first on CoinJournal.

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