Taurus links digital asset platforms to Swift’s blockchain ledger

Taurus has established connectivity between its digital asset and custody platforms and Swift's blockchain-based distributed ledger, enabling tokenized asset transactions through Swift's infrastructure. Banks including HSBC and Standard Chartered have already completed an initial live transaction using this setup, signaling early institutional adoption of the arrangement.

The integration allows financial institutions to settle digital asset payments via Swift's ledger while leveraging Taurus's tokenization and custody capabilities. Taurus anticipates onboarding its first institutional clients within days, with actual transactions expected to flow through the platforms within weeks.

• Taurus has bridged its tokenization and custody services to Swift's distributed ledger, enabling banks to transact digital assets through Swift's infrastructure.
• Major banks have already executed test transactions, demonstrating the connection is operational.
• Institutional rollout is imminent, with live transaction activity projected within weeks.