Key Takeaways:
- Chainlink and Swift have integrated Chainlink’s Runtime Environment with Swift’s messaging system, enabling banks to process onchain fund transactions using existing infrastructure.
- The integration follows Project Guardian, a pilot with MAS and UBS Tokenize, which tested onchain fund subscriptions and redemptions via Swift’s ISO 20022 messaging.
- Swift’s broader blockchain strategy includes initiatives like Project Agorá and a collaboration with Consensys to develop real-time blockchain-based settlement systems.
Chainlink, in partnership with UBS Asset Management and Swift, has introduced a product enabling banks to process onchain fund transactions using their existing infrastructure.
The integration links Chainlink’s Runtime Environment (CRE) with Swift’s global messaging system, allowing financial institutions to access blockchain networks without overhauling current operations.
We’re excited to announce a landmark technical solution enabling financial institutions worldwide to manage digital asset workflows directly from their existing systems using Swift (@swiftcommunity) messaging and Chainlink in collaboration with @UBS.https://t.co/W1fq1guro4… pic.twitter.com/0uBUl2K4tk
— Chainlink (@chainlink) September 30, 2025
This development builds on the 2024 Project Guardian pilot, led by Chainlink, the Monetary Authority of Singapore (MAS), and UBS Tokenize, which tested tokenized fund operations with Swift’s ISO 20022 messaging standard.
Traditionally, fund subscriptions and redemptions require multiple intermediaries and reconciliation steps, but onchain execution offers faster, more efficient processing.
Swift, a Belgium-based cooperative operating since the 1970s, has been expanding into blockchain since 2023.
The organization aims to provide a single access point for banks to connect with multiple blockchains.
Beyond this initiative, Swift has joined Project Agorá, exploring tokenized deposits alongside central bank digital currencies (CBDCs), and has been developing blockchain-based transaction management systems with Consensys and over 30 financial institutions.
With global assets under management reaching $147 trillion, the collaboration highlights blockchain’s potential to modernize fund processing at massive scale.
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