Swift and Chainlink have formed a strategic partnership to integrate blockchain technology into the global financial system by utilizing existing infrastructure and messaging standards. Since their initial collaboration at Sibos 2016, both companies have worked together to enhance interoperability and tokenization in financial services, enabling institutions to connect with blockchain networks while maintaining their current systems. This partnership has led to significant developments, such as the use of Chainlink’s Cross-Chain Interoperability Protocol to facilitate data and token transfers, and the implementation of tokenized asset workflows with major financial institutions like UBS and Euroclear. The collaboration has also focused on modernizing asset servicing, leveraging AI and oracle networks to create standardized onchain records of corporate actions data. By aligning with established market infrastructure, Swift and Chainlink aim to advance a connected, onchain financial ecosystem, signifying a transformative step toward digital asset integration in traditional finance.