Swift adopts a new approach to the standardization of digital assets that meets one of the largest challenges in industry: the proliferation of incompatible blockchaines. Rather than developing abstract executives, the messaging network begins with a case of concrete use on the Eurobond market.
Last week, Clearstream and Euroclear jointly agreed to digitization standards for Eurobonds, aligned on the taxonomy of ICMA bond data. The two Central International International Securities Deposits also declared that they were working on tokenization standards in partnership with SWIFT.
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