FINNENCE ▪ THE WIRE FILE
THE WIRE · № 69000
News■ Unclear/unknown
Swift blockchain ledger requires key internal layers, Taurus co-founder warns

KINDNews
DIRECTION■ Unclear/unknown
SOURCES1
ENTITIES3
STORY SIZESTANDALONE
FIRST SEEN2026-10-07 11:59 UTC
LAST UPDATE2026-10-07 11:59 UTC
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
If banks must build their own ledgers and wallet tooling before joining Swift's tokenized-deposit network, adoption of shared settlement infrastructure could be slower and more fragmented than expected.
Tokenized deposit adoption hinges on bank-side infrastructure buildout
CATALYST TO WATCH
Bank pilot announcements or Swift network go-live
MAIN RISK
Fragmented ledgers delay shared settlement adoption
FULL DISPATCH
Banks need their own permissioned ledger, wallet tools and smart-contract capabilities before they can use Swift’s tokenized-deposit network, Taurus’s Lamine Brahimi said.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
CONTEXTBanks
AFFECTEDCrypto
AFFECTEDInstitutional Flows
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.