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IBM Links Digital Asset Haven to Swift Shared Ledger for Tokenized Deposits

IBM Digital Asset Haven clients can now connect to Swift’s shared ledger and instruct tokenized deposit transactions, IBM said. The integration lets users of the digital asset platform initiate settlement instructions on the interbank messaging network’s blockchain ledger. No launch date, transaction volumes or participating institutions were disclosed.

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AI take

The significance here is less about tokenized deposits themselves than about the rail: routing digital-asset settlement instructions through Swift's shared ledger puts a bank-owned messaging network in the path of on-chain settlement, rather than leaving it to crypto-native venues. That matters most for regulated deposit-taking institutions weighing tokenized deposits as a settlement asset. The absence of a launch date, volumes or named participants leaves the operational substance unproven, so whether this moves beyond a technical hookup to actual interbank flow is the open question.

Generated by AI for reference only.

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