IBM Expands Digital Banking Infrastructure with Swift Integration and On-Premises Deployment
IBM has introduced two new capabilities to support financial institutions in managing digital assets. The company now enables clients of IBM Digital Asset Haven to connect to permissioned blockchain networks, including Swift's shared ledger for tokenized deposit transactions. This integration allows banks to use standard ISO 20022 messages on a globally connected network serving over 12,500 financial institutions. In addition, IBM is offering an on-premises beta deployment option of Digital Asset Haven, allowing clients full control by running the platform within their own data centers. This new feature supports digital asset operations such as stablecoins and tokenized deposits without reliance on public cloud infrastructure. The move aligns with growing demand for secure and compliant cross-border payment solutions.
Tickers: $IBM
Topics: blockchain cross-border payments digital assets IBM Digital Asset Haven Swift