Cosmos Labs Launches Connectivity Suite to Link Banks with Swift's Shared Ledger
Cosmos Labs has introduced the Cosmos Tokenization Suite to help banks connect their core accounting systems with external networks, including Swift's blockchain-based shared ledger. The solution enables 24/7 cross-border payments using tokenized deposits while maintaining existing settlement arrangements. The platform supports integration with various core banking systems and blockchain environments like Hyperledger Besu, Ethereum, and Solana. This initiative follows the launch of the Cosmos Partner Network, which provides institutional support for tokenization and digital asset management.
Summaries are written by AI from the original article. Not investment advice.