Linux Foundation Decentralized Trust Group Swells with 15 New Members
The Linux Foundation's Decentralized Trust group has welcomed 15 new members, including financial giants Swift and Wells Fargo. This expansion brings more traditional institutions into open-source blockchain infrastructure development.
LF Decentralized Trust is a collection of open-source projects used across enterprise and blockchain systems. Its portfolio includes technologies such as Hyperledger Fabric and Besu, along with broader identity, interoperability, and tokenization tooling.
The new members will contribute engineering resources, governance, and funding to infrastructure intended to remain openly available. Swift's participation is notable, as the global financial messaging network is already experimenting with shared-ledger infrastructure and tokenized bank deposits.
Wells Fargo brings another major regulated financial institution into the same open-source environment. Their arrival reflects how blockchain adoption inside large financial firms is changing, with institutions increasingly interested in shared standards and neutral infrastructure rather than proprietary experiments that cannot easily connect to one another.