According to BlockBeats, on September 11, Swift announced the launch of a global infrastructure plan to simplify the transfer of tokenized assets and allow members to use the Swift network to trade traditional and emerging assets, including cryptocurrencies.
The initiative will test multi-ledger delivery-to-delivery (DvP) and payment-to-payment (PvP) transactions, which are expected to enable real-time payments and exchange of tokenized assets.
Swift stressed that the global tokenized asset industry faces interoperability issues, which has resulted in different real-world assets (RWAs) becoming digital islands, mainly due to the lack of a globally unified form of digital currency.