What it is
ANZ runs tokenisation activity across at least three threads: the SWIFT tokenised-deposit ledger pilot (real-time, 24/7 cross-border settlement including weekends, a departure from conventional banking settlement windows), a tokenised carbon credit pilot the bank has described as showing “tremendous growth,” and real-world-asset transaction work with Chainlink.
Relevance to tokenisation
ANZ’s SWIFT ledger participation puts it inside the same cross-border tokenised-deposit interoperability question that Hong Kong’s Project Ensemble and Australia’s Project Acacia are separately working through domestically; ANZ Managing Director for Transaction Banking Lisa Vasic has described the SWIFT initiative as building on the network’s existing trust to enable real-time liquidity management for customers.