Cosmos Labs Connects Its Tokenization Suite to Swift Blockchain Shared Ledger

Techub News reports that Cosmos Labs has announced the connection of its tokenization suite to Swift's blockchain-based shared ledger. Banks can utilize Cosmos's infrastructure to run tokenized deposit ledgers and connect them to Swift and other networks. The system is designed to work in conjunction with existing banking core systems, including Fiserv, FIS, Jack Henry, Temenos, and Hogan.

Cosmos Labs states that its technology stack supports EVM and Hyperledger Besu deployments, providing flexibility in internal ledger technology for institutions. Banks can maintain their existing ledgers while connecting to external networks such as Swift ledger, Canton, Partior, Ethereum, and Solana through this system. (Bitcoinist)