DeFi· ★★★· neutral·

SWIFT turns to tokenization to keep control of the financial system

  • —SWIFT is expanding Swift Ledger to connect new forms of money
  • —The strategy keeps the system centralized
  • —The company is forming partnerships as part of tokenization efforts
Why it matters: The largest interbank network could set tokenization standards, limiting the role of public blockchains in settlement.
Source: CriptoNoticias