SWIFT Connects to RWA Cryptocurrencies for Instant Transfers

The global financial ecosystem is evolving at breakneck speed, driven by the rise of digital assets and cryptocurrencies. At the heart of this revolution, SWIFT, the historic banking messaging network, has taken a strategic turn by integrating RWA (Real-World Assets) cryptocurrencies into its infrastructure. The goal: to simplify and accelerate tokenized asset transactions worldwide.

Simplifying the global movement of cryptocurrencies

Real-world tokenized assets, or RWA cryptocurrencies, represent a new frontier in digital finance. They are a form of cryptocurrency backed by tangible assets such as real estate, commodities or stocks.

For many, they represent the future of investing. By allowing physical assets to be fractionated into digital tokens, these RWAs pave the way for greater liquidity and accessibility, especially for institutional investors.

However, the implementation of these assets in traditional systems has often encountered obstacles.

Blockchains and digital currencies evolve in a sometimes isolated framework, creating “digital islands.” This is where SWIFT comes in. SWIFT now connects its network to RWA cryptocurrencies. Thanks to this advancement, the company aims to simplify these transactions. They could thus become as fluid as fiat money transfers.

According to a recent study by Standard Chartered, the market for tokenized assets could reach $30 trillion by 2034.

The commitment of institutional investors continues to grow. In fact, more than 91% of them say they are interested in these assets, according to a survey by Celent and BNY Mellon. Therefore, the integration of RWAs through SWIFT could tip the global financial balance towards a hybrid model. This combines the traditional and the digital.