# Programmable wallets & tokenization for Swift ledger

Taurus is enabling financial institutions to connect to Swift's blockchain-based
shared ledger with programmable wallets and an enterprise tokenization engine,
facilitating bank-issued tokenized money and 24/7 cross-border payments. Taurus has
completed connectivity with Swift's DLT infrastructure and integrated Swift smart
contracts with its tokenization (Taurus-CAPITAL) and custody (Taurus-PROTECT)
solutions on clients' permissioned blockchain infrastructure, Hyperledger Besu in
the case of Swift.

Key facts:

- Three connection paths: Besu provided as a managed service by Taurus; connection
  to an institution's existing Besu nodes; or extension of an existing
  Taurus-PROTECT instance, with setup in a matter of days
- Swift ledger preserves commercial bank money: tokenized deposits stay on banks'
  balance sheets, payment availability extends to 24/7, final settlement continues
  through existing arrangements such as RTGS systems
- Swift ledger does not change Swift's role as a global financial messaging
  network
- Announced at Sibos 2025, designed with 40+ financial institutions, activated
  within nine months, 17 first-mover institutions piloting tokenized deposit
  transactions; Swift connects 11,500+ institutions across 200+ markets

FAQ:

- Why does Swift ledger matter for banks? It preserves the benefits of commercial
  bank money while extending payment availability to 24/7, without replacing the
  settlement infrastructure banks already rely on.
- Do I need my own Hyperledger Besu infrastructure? No: Taurus offers Besu as a
  managed service, connects to existing Besu nodes, or extends an existing
  Taurus-PROTECT instance.

Learn more: https://www.taurushq.com/swift-ledger/