Overview

• Industry reports say more than a dozen banks, including BNP Paribas and BNY Mellon, are participating in tests on Linea, an Ethereum Layer-2 network.
• The effort combines payment instructions and value transfer in a single on-chain process designed to reduce intermediaries, lower costs, and speed settlement.
• Linea was selected for zk-rollup and zkEVM features that offer Ethereum security, lower fees, high throughput, and confidentiality suited to banking compliance needs.
• Sources describe the project as an early but substantive step following Swift’s prior tokenization and interoperability trials with partners such as Chainlink and UBS Asset Management.
• Market reaction was immediate, with the LINEA token jumping roughly 10%–14% after the reports surfaced.