Northern Trust Revolutionizes Carbon Trading: Launches First-Ever Tokenized Settlement with Swift

Northern Trust Advances Tokenized Finance in Australia - Markets Media

Northern Trust announced a collaboration with Swift to explore how tokenized assets such as carbon credits can be transacted using a commercial bank account in Australia. The initiative, which aims to demonstrate how digital asset innovation can connect seamlessly with core components of the financial system, is part of Project Acacia, a research project led by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DF…

Northern Trust to trial tokenized carbon credit DvP settlement using fiat - Ledger Insights - blockchain for enterprise

Northern Trust plans to use its carbon credit platform in Australia’s Project Acacia tokenization trials. The bank wants to demonstrate the simultaneous settlement of the tokenized carbon credit transfer and payment using a conventional Australian bank account. To achieve this, it is collaborating with Swift for the simulation. Project Acacia is an initiative aiming to […] The post Northern Trust to trial tokenized carbon credit DvP settlement u…

Northern Trust Revolutionizes Carbon Trading: Launches First-Ever Tokenized Settlement with Swift

Northern Trust partners with Swift to enable tokenized carbon credit trading using traditional bank accounts. Discover how Project Acacia bridges digital and traditional finance. Learn more.