/biz/ - Business & Finance

SWIFT + DLT is a long road, discussing their revenue is rather meaningless and they are unlikely to do much with public chains except interface with them via CCIP for the additional Web3 services they will utilize over time like Digital Identities while providing their members access to the tokenized ecosystem. SWIFT intend to be at the forefront of tokenization, not "crypto" and become the banks interface for CBDC's leveraging their existing PKI infrastructure. This is about expanding what SWIFT is capable of, not replicating what already exists. Chainlink has to economically secure all of the interoperability involved in binding everything together (in smart contract value terms but reduced via SLS so it can scale).

Tokenized securities & CBDCs put them in an SC compaitable form which can then be combined with other Web3 services (That CL will also facilitate) is where it becomes more interesting.