(The North American push for securities settlement within the trading day plus another day, a.k.a. T+1, is not going leave much time for fixing failed settlement efforts, says Jonathan Ehrenfeld, who is head of securities strategy for the Swift financial message cooperative. Ehrenfeld is responsible for Swift’s securities, foreign exchange, and digital assets strategies and… Read More >>
SWIFT Warms to Tokenized Assets After Industry Tests
SWIFT is warming up to the concept of being able to transfer tokenized assets from its infrastructure to multiple public and private blockchains. This follows the positive results that the global financial messaging cooperative experienced after conducting a series of experiments that tested the SWIFT infrastructure via the transfer of tokenized assets, according to an… Read More >>