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Swift and Wells Fargo Join LFDT as Cacti v3 and Swift Ledger Trials Launch


Key points

  • LFDT added 15 new members ahead of Sibos 2026, including Swift, Wells Fargo, Fenasbac, and DCP, the issuer behind Japan's DCJPY tokenised deposit.
  • Hyperledger Cacti upgraded to version 3, reducing friction for connecting additional blockchains to cross-chain transfer infrastructure.
  • New incubating project Panurus upgrades the Hyperledger Fabric Token SDK, which has already been used in the Banque de France's DL3S wCBDC surrogate and the Bank of Canada's Project Samara digital bond settlement trial.
  • Swift has begun live trials of Swift Ledger, an interoperability platform for banks and tokenised deposits that nets interbank liabilities and is built on Lineth, an LFDT Layer 2 project using the Besu codebase.
  • Wells Fargo's planned tokenised deposit service for corporate clients, supporting USD and sterling on a 24/7/365 basis, appears likely to leverage LFDT technologies despite being described as a proprietary platform.

The Linux Foundation Decentralized Trust (LFDT) has added 15 new members ahead of Sibos, with Swift, Wells Fargo, Brazil’s central bank-affiliated innovation body Fenasbac, and DCP (the company behind Japan’s tokenised deposit solution DCJPY) among the notable institutional additions. The membership expansion coincides with two substantive technical announcements: a major upgrade to Hyperledger Cacti, now at version 3, which lowers the integration burden for connecting new blockchains to cross-chain transfer flows, and the launch of a new incubating project called Panurus, an upgrade to the Hyperledger Fabric Token SDK.

Panurus carries live institutional pedigree. The Hyperledger Fabric Token SDK has already been deployed on the Banque de France’s DL3S blockchain for its cash token, used as a wholesale central bank digital currency (wCBDC) surrogate, and featured in the Bank of Canada’s Project Samara trial for digital bond settlement using wCBDC. Panurus builds on that base, positioning itself as a candidate infrastructure layer for future sovereign and institutional token programmes.

Swift’s membership comes alongside the start of live trials of Swift Ledger, a platform that enables interoperability between banks or tokenised deposits by orchestrating transactions and calculating net interbank settlement positions. Swift Ledger is built on Lineth, an LFDT incubation project for Layer 2 blockchains that incorporates the Besu codebase. Separately, Wells Fargo last month announced plans for a tokenised deposit solution targeting corporate and commercial clients with round-the-clock availability in US dollars and sterling; although described as a proprietary platform, its LFDT membership suggests the infrastructure likely draws on the foundation’s open-source stack.

Original source

Ledger Insights

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