Taurus Connects Tokenization and Custody Platforms to Swift Ledger

Taurus, a digital asset infrastructure provider, has integrated its tokenization and custody platforms with Swift's blockchain-based shared ledger. This integration allows financial institutions to use bank-issued tokenized deposits for cross-border payments on a round-the-clock basis.

The connection between Taurus' platforms and Swift's ledger enables banks to extend their digital asset capabilities into tokenized deposits and cross-border payments while retaining control over their infrastructure, according to Lamine Brahimi, co-founder and managing partner of Taurus.

Taurus has already connected its custody and tokenization platforms to Swift's blockchain ledger, with the first client integrations expected within days. Initial DLT transactions are planned for weeks after that.

The integration gives banks a route into Swift's tokenized deposit ledger, which is designed as an orchestration layer between participating institutions. This coordination layer allows payments to operate overnight and on weekends, extending availability beyond traditional cross-border transfer hours.