Citi and DBS Achieve First Weekend Tokenized Deposit Transfer via Swift Ledger
Citi and DBS successfully executed the first weekend tokenized deposit transfer using Swift Ledger, marking a milestone for 24/7 settlement in tokenized real-world assets.
Institutions
Citi, DBS
Asset Type
Tokenized Deposit
Platform
Swift Ledger
Milestone
First Weekend Transfer
Major financial institutions Citi and DBS have completed a pioneering transaction involving tokenized deposits. This event utilized the Swift Ledger infrastructure to facilitate the transfer outside of traditional banking hours. The achievement demonstrates the operational viability of continuous settlement for digital asset liabilities.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.