Swift Partners with Ethereum Layer 2 Linea for Onchain Messaging System Experiment

• Swift explores onchain messaging with Ethereum Layer 2 Linea.
• Over a dozen banks, including BNP Paribas, join the pilot.

On September 26, 2025, The Big Whale reported that Swift, the global financial messaging leader, is piloting an onchain migration of its messaging system using Ethereum Layer 2 Linea, with participation from over a dozen financial giants, including BNP Paribas and BNY.

The project is set to unfold over several months and includes testing blockchain-native messaging and the potential integration of a stablecoin-like token for transaction settlements. Swift aims to leverage blockchain technology to streamline global payments, ensuring greater efficiency and transparency. This trial represents a significant technological evolution for the company as it seeks to enhance its legacy systems with decentralized solutions.

Swift's partnership with Linea is strategic due to its zkEVM technology, developed by Consensys. Linea employs ZK-rollup cryptographic proofs to prioritize privacy while complying with stringent regulatory requirements for data protection. This allows financial institutions to adopt cutting-edge blockchain innovations without compromising regulatory standards.

This experiment builds upon Swift's broader engagement with blockchain technology. Previous trials included tokenized asset transfers across various blockchain infrastructures in 2023. Swift also announced plans for banks to conduct live trials involving digital asset and currency transactions on its network during 2025. These initiatives underscore Swift's commitment to integrating blockchain solutions into global financial systems.

As of September 26, 2025, 17:08 UTC, Linea (LINEA) is trading at $0.028, with a 9.765% change in 24-hour trading volume, according to CoinMarketCap.