The collaboration among Swift, Chainlink, GLEIF, and major banks lays out a scalable framework that bridges traditional finance with blockchain, enabling secure, compliant, and efficient tokenized-asset operations across multiple markets.

Trials indicate tokenized bonds—and potentially other assets—can settle across several blockchain networks, expanding Swift’s cross-chain network to include more banks and both public and private blockchains.

At Sibos 2025, Chainlink and 24 leading financial institutions, including Swift, advanced Phase 2 of corporate actions processing with new data-attestor and data-contributor roles, achieving 100% data accuracy for confirmed records.

Chainlink CCIP enabled secure distribution of AI-validated corporate action records across blockchains, with phase two introducing attestor and contributor roles to verify AI-extracted records and boost accuracy in corporate actions processing.

GLEIF joined Chainlink to provide verifiable institutional identity via verifiable Legal Entity Identifiers (vLEIs) and Chainlink CCID, embedding identity data into blockchain assets to enable automated compliance and robust provenance.

GLEIF’s partnership with Chainlink delivers institutional-grade identity through verifiable Legal Identity Identifiers, Chainlink’s Cross-Chain Identity, and Automated Compliance Engine for provenance verification and asset-recovery support.

AI-assisted processing supports multilingual corporate disclosures, including Spanish and Chinese, letting global institutions reference confirmed corporate action records on multiple blockchains to improve synchronization and automation.

An on-chain golden record for corporate actions data is emerging, providing real-time, attested records accessible by smart contracts, custodians, and post-trade systems to reduce fragmentation and delays.

The Chainlink Runtime Environment validates multiple AI outputs, converts confirmed results into ISO 20022 messages for the Swift Network, and uses Chainlink CCIP to distribute records across DTCC’s blockchain ecosystem and other chains for real-time, cross-ledger access.

This system creates a real-time on-chain golden record for smart contracts, custodians, and post-trade systems by turning validated data into ISO 20022-compliant messages and disseminating them across public and private ledgers.

Building on Sibos 2024 demonstrations, banks can connect to blockchains using existing Swift messaging standards without major infrastructure changes, now extended to cross-chain settlements among institutions like Euroclear, Clearstream, ANZ, Lloyds, and SDX.

In a landmark move for digital asset interoperability, Swift completed cross-chain tokenized bond trials with BNP Paribas Securities Services, Intesa Sanpaolo, and Société Générale, proving secure cross-chain settlement that remains compatible with existing enterprise systems.