IBM links Digital Asset Haven with Swift ledger for ISO 20022 tokenized deposits

IBM has connected its Digital Asset Haven digital asset management platform to Swift’s shared blockchain ledger and launched a beta version of its self-hosted system. Through a newly introduced ISO 20022 messaging adapter, financial institutions can execute 24-hour tokenized deposit transactions through existing payment processes without separate blockchain workflows. The Swift ledger was designed with participation from about 40 financial institutions, and 17 institutions are currently running pilot projects. IBM also introduced a self-hosted version based on its IBM Z and LinuxONE servers to reduce reliance on public cloud infrastructure. Under the Crypto Express HSM security environment, the setup allows financial institutions to directly manage stablecoins and tokenized deposits in their own data centers.