DEPLOYMENT · APAC
ANZ completes live cross-border transaction using tokenised deposits on Swift's blockchain ledger
Australia and New Zealand Banking Group has executed a production corporate treasury payment using tokenised deposits on Swift's blockchain infrastructure, marking the first live proof of DLT-based settlement for institutional payments at major bank scale.
WHY IT MATTERS
Live tokenised-deposit settlement removes a key blocker for BFSI DLT adoption; Swift's entry validates the infrastructure path, forcing other correspondent banks to adopt or risk client migration to parallel rails.
Source: Finextra · 2026-10-06