“Financial institutions need a practical, trusted way to connect emerging digital assets, including tokenised deposits, with established payment infrastructure while maintaining control, security, and operational resilience,” says Jamie Bullard, Vice President of Application Software Engineering, Payments and Financial Crime Management at Oracle Financial Services.
“Our integration with Swift’s ledger helps institutions bring tokenised deposits into cross-bank payment flows and manage traditional and tokenised payments through a unified operating model.
“This can help banks innovate faster and meet customers’ rising expectations for transparent, always-on payment services while supporting governance and compliance efforts.”
Partners, customers and ecosystem context
Oracle’s announcement sits within a broader vendor push to connect bank‑centric tokenized money to Swift’s network.
Swift: The global messaging cooperative operating the blockchain ledger that coordinates cross‑bank tokenised deposit commitments and transaction state
IBM: The enterprise infrastructure vendor builds routes into Swift’s ledger as the ecosystem for tokenised deposits expands
Cosmos: Blockchain interoperability stack integrates with Swift’s ledger to support cross‑chain tokenised asset flows.