OSTTRA and Baton Systems have announced that Partior has integrated with their on-demand payment-versus-payment (PvP) settlement network, enabling financial institutions to settle foreign exchange (FX) transactions using tokenised commercial bank money. This development adds to the existing fiat settlement options and supports 24/7 on-demand FX settlement in tokenised currencies including USD, EUR, and SGD, enhancing liquidity management and capital efficiency.
With this integration, institutions gain access to an expanded, live settlement ecosystem backed by Baton’s distributed ledger technology, which has processed over $13 trillion in FX settlements. The network now supports programmable atomic PvP with flexible options to combine fiat and tokenised money across currency pairs. This interoperability allows participants to better align settlement processes with liquidity needs across global time zones while reducing pre-funding burdens.
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