Chainlink highlights decade-long partnership with Swift. Chainlink shared its long-standing work with Swift, the cooperative handling trillions in daily bank transactions across 11,000 institutions. The partnership dates to 2016 PoC and advanced with a September 2025 UBS pilot using Swift messages for on-chain tokenized funds.

Chainlink is spotlighting its nearly decade-long collaboration with global financial messaging cooperative Swift, underscoring how the two have been working since the mid‑2010s to connect traditional banking infrastructure to blockchain networks. The partnership began with an early proof-of-concept around bond issuance and redemption and has since expanded into multiple pilots and pre‑production solutions that use Swift’s existing messaging standards together with Chainlink’s oracle and interoperability technology to enable institutional tokenization at scale. According to Chainlink’s overview of the relationship, Swift and Chainlink have jointly focused on letting banks and asset managers access public and private blockchains via the Swift rails and formats they already use, rather than requiring new on‑chain payment systems. This approach underpins several initiatives: a multi‑institution interoperability PoC using Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to let Swift messages trigger token movements across multiple blockchains; a corporate actions initiative with 24 major market participants like DTCC, Euroclear, UBS, DBS, BNP Paribas Securities Services, ANZ, Wellington Management, and Schroders; and a pre‑production solution announced at Sibos that allows banks to execute blockchain transactions via existing Swift messaging standards. The collaboration advanced further with a September 2025 pilot involving UBS’s tokenization unit (UBS Tokenize), where subscriptions and redemptions for a UBS tokenized fund smart contract were initiated using ISO 20022 Swift messages processed through the Chainlink Runtime Environment, effectively letting institutions manage tokenized fund workflows directly from their legacy systems. Separately, a November 2024 Project Guardian pilot by Swift, UBS Asset Management, and Chainlink demonstrated how tokenized fund subscription and redemption could settle against traditional fiat payment systems across Swift’s global network of more than 11,500 institutions, again using existing Swift infrastructure rather than native on‑chain payments. These efforts matter because they illustrate a path for large financial institutions to adopt tokenized assets without overhauling their core payment and messaging systems, positioning Chainlink as a key middleware layer between conventional finance and blockchain-based markets.

✨ AI-generated background, compiled from web sources — not editorial content.

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