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Breaking: Swift, Chainlink, and Major Banks Achieve Multi-Blockchain Token Transfer
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Breaking: Swift, Chainlink, and Major Banks Achieve Multi-Blockchain Token Transfer

Swift, a global financial messaging service, has conducted experiments to facilitate the transfer of tokenized assets across multiple blockchains. The collaboration with major banks, including ANZ, BNP Paribas, and BNY Mellon, aims to solve interoperability challenges that hinder the growth of tokenized asset markets. Swift's existing infrastructure could serve as a single point of entry for financial institutions, reducing operational challenges and costs.

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