Taurus Integrates Swift Blockchain for Tokenized Bank Payments

The connectivity links Taurus’s existing tokenization and custody solutions, Taurus-CAPITAL and Taurus-PROTECT, with Swift’s distributed ledger technology. For the more than 40 banks currently utilizing Taurus’s infrastructure—including Deutsche Bank and State Street—this setup extends internal capabilities to include tokenized money transfers that operate around the clock, including weekends. The first live clients are expected to begin operations within days, with initial transactions slated for the coming weeks.

Swift’s ledger acts as an orchestration layer, coordinating the movement of tokenized deposits while the actual funds remain on the individual bank’s balance sheet. This design ensures that banks maintain control over their infrastructure while utilizing Swift’s global network for secure messaging. Lamine Brahimi, co-founder of Taurus, noted that the integration addresses the industry need for digital asset tools that interface securely with established financial networks. This development follows Swift’s recent activation of its ledger, which was built in collaboration with seventeen major global institutions, including Citi, HSBC, and UBS, to streamline cross-border payment efficiency.