According to CoinDesk, the cross-bank communication system Swift and the Web3 service platform Chainlink have successfully achieved tokenized value transmission across multiple private and public blockchains in recent experiments. This discovery is expected to eliminate major frictions that hinder the growth of the tokenized asset market and enable it to scale globally. In June of this year, Chainlink and Swift announced that they would work with dozens of financial institutions to test how to connect multiple blockchain networks. Companies such as BNP Paribas, BNY Mellon, The Depository Trust & Clearing Corporation and Lloyds Banking Group have collaborated with Swift on experiments. Swift uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) to connect with different blockchains. Chainlink's CCIP went live in July and is designed to help build cross-chain applications and services.