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Chainlink Links Banks to Swift's New Blockchain Ledger for Tokenized Deposits

Chainlink Links Banks to Swift's New Blockchain Ledger for Tokenized Deposits

Miami – September 28, 2026 -- Chainlink said it is enabling financial institutions to connect their systems and key-signing infrastructure to Swift's blockchain ledger, opening a path for banks to run 24/7 tokenized deposit payments without replacing existing settlement arrangements.

Chainlink Runtime Environment powers a self-signing model for bank connectivity

The solution centers on a self-signing model built through the Chainlink Runtime Environment (CRE), which orchestrates workflows linking financial institutions to Swift's ledger while institutions retain control of transaction-authorizing keys. Banks can adopt round-the-clock tokenized payment workflows while preserving current security governance, approval processes, and operating models.

Paxos Labs Launches PAXGy, Bringing Institutional Gold Leasing Yield On-Chain

Paxos Labs Launches PAXGy, Bringing Institutional Gold Leasing Yield On-Chain

New York – September 24, 2026 -- Paxos Labs has launched PAXGy, a gold-backed token that accrues value in gold terms by routing reserves into the multi-billion dollar institutional gold leasing market that has set bullion lending rates for four decades.

PAXGy deploys PAXG reserves into a market previously closed to retail holders

Holders deposit PAXG or swap accepted stablecoins for PAXGy, which is redeemable for PAXG at any time. The underlying gold is deployed to a network of vetted institutional borrowers -- refiners, jewelry manufacturers, miners and bullion banks -- through the same leasing market that has priced bullion lease rates for decades. As reserves are deployed, value accrues to the PAXGy exchange rate, meaning each token becomes worth more PAXG over time and holders can exit with more notional ounces than their principal.