According to CoinMeta, digital asset infrastructure provider Taurus has integrated its tokenization and custody platform with SWIFT’s blockchain ledger. It is expected that the first batch of institutional clients will connect within the next few days, and initial transactions using distributed ledger technology are anticipated to be completed through their platform within a couple of weeks. SWIFT announced in July that the ledger was ready for preliminary use, with 17 banks preparing to conduct real-time transactions using tokenized deposits. Standard Chartered and HSBC have completed the first cross-border transaction using this ledger, connecting their respective tokenized deposit systems.