Tokenized securities, commodities, deposits, and multiple currencies settle atomically on a single rail. One ledger, one commit boundary — no bridge, no correspondent chain, no cross-system settlement gap.
When every instrument lives on the same rail, an exchange of unlike assets is still a single atomic transaction.
Securities, commodity claims, tokenized deposits, and CBDC are represented under one token standard on the ledger. Their differences are metadata and rules, not separate settlement systems.
A bond-for-cash or commodity-for-currency trade commits all legs at once. There is no hand-off between an asset system and a payment system to fall out of step.
Nothing is wrapped, locked, or minted across a bridge to move between asset types. Cross-asset settlement never introduces a synthetic representation that can desynchronize.
Every asset type inherits the same hash-chained finality. A cross-asset settlement is final for the security leg and the cash leg at the identical instant.
Payment-versus-payment across currencies is an atomic swap on the same rail, not a sequence of nostro credits.
An exchange of one tokenized currency for another debits and credits both in a single commit. Neither party is exposed while funds sit in transit through a correspondent.
Each currency's issuing authority retains control of its own token and keys. Cross-currency settlement composes those sovereign monies without ceding issuance authority.
The agreed exchange rate is a precondition of the transaction. Settlement applies exactly that rate or does not apply at all, removing rate slippage between agreement and settlement.
Cross-currency legs settle within the participating jurisdictions' own rail, keeping the settlement point and its record inside sovereign perimeters rather than an external hub.
The atomicity of DvP extends across type boundaries, so unlike legs still move as one.
Delivering a tokenized security against CBDC is one indivisible commit, exactly as within a single asset class. The cross-type nature adds no settlement risk.
Two non-cash assets — say a commodity claim for a security — can be exchanged atomically, with each leg guarded by its own ownership and eligibility rules.
Each leg carries its own transfer restrictions and eligibility checks. A cross-asset trade only settles if every leg independently satisfies its own compliance predicates.
Trades combining several assets and a payment — baskets, collateral swaps, fee legs — bind all components into one commit, so no participant ends up partially settled.
Settling across jurisdictions does not mean exporting the ledger or its keys.
Each participating authority signs its legs with keys it holds domestically. No party surrenders custody of its signing material to settle across a border.
Ledger data governed by a jurisdiction's residency rules remains within that jurisdiction's infrastructure, even as a settlement references legs across systems.
Cross-border settlement is designed as interoperation between sovereign rails rather than migration onto a shared foreign ledger, preserving each owner's control.
Every cross-jurisdiction authorization is signed under ML-DSA-65 (FIPS 204), so the multi-party settlement record stays verifiable against a quantum-capable adversary.