Chainlink and Swift have strengthened their collaboration with a new system enabling financial institutions to manage tokenized fund processes. The system allows institutions to use Swift messaging and Chainlink’s Runtime Environment (CRE) without altering existing infrastructure.
The first application included a pilot with UBS Tokenize, the bank’s in-house tokenization division, extending prior involvement in Singapore’s Project Guardian. Through this solution, CRE receives ISO 20022‑compliant Swift messages, which then trigger smart contract events using Chainlink’s Digital Transfer Agent standard.
This design provides institutions access to blockchain‑based asset management without replacing current identity or key management systems. The process supports fund subscriptions and redemptions, enabling seamless integration with traditional workflows.
Chainlink positioned this as a scalable unlock for the global fund industry, valued at more than $100 trillion. Swift, serving over 11,000 institutions worldwide, provides the trusted financial messaging backbone for trillions in cross‑border transactions.
Broader Rollout and LINK Market Outlook
The announcement follows Chainlink’s AI‑driven corporate actions pilot, which also used CRE and Swift messaging. That effort coordinated large language models, including systems from OpenAI, Google, and Anthropic, to produce ISO 20022‑compliant records for financial institutions.
Industry leaders such as DTCC, Euroclear, and banks like UBS, DBS, and BNP Paribas supported the project. Together, the pilots highlight coordinated efforts to make blockchain workflows accessible to traditional finance at scale.
Meanwhile, Swift continues developing a blockchain‑based shared ledger for cross‑border payments with Consensys, backed by over 30 global banks. Participants include Bank of America, HSBC, and BNP Paribas, aiming for interoperable infrastructure while preserving compliance standards.
At press time, Chainlink (LINK) trades at $21.39, up 0.31 % in the last hour and 1.40 % over 24 h. The token remains down 1.55 % on the week but is holding above the crucial $20 support zone.
Analysts note the level aligns with the 0.786 Fibonacci retracement near $20.11, keeping LINK within its ascending channel. Resistance levels sit near $29.11, with potential upside toward $46.59–$47, while a breakdown risks a drop to $15 support.
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