The global messaging platform said this effort—conducted in collaboration with BNP Paribas Securities Services, Intesa Sanpaolo and Societe Generale’s SG Forge—allowed for “the seamless exchange and settlement” of tokenized bonds, while supporting payments in both fiat and digital currencies. According to a Thursday (Jan. 15) news release, this marks the first time Swift has shown its ability to orchestrate tokenized asset transactions as a single, coordinated process using both blockchain platforms and traditional systems. “This milestone demonstrates how collaboration and interoperability will shape the future of capital markets,” said Thomas Dugauquier, Swift’s tokenized assets product lead. “By proving that Swift can orchestrate multi-platform tokenised asset transactions, we’re paving the way for our members to adopt digital assets with confidence, and at scale.”

In using Swift, the release noted, the trial illustrated the way tokenized bonds can leverage existing infrastructure, protecting financial institutions from blockchain complexity and accelerating digital asset market adoption. Swift, in collaboration with BNP Paribas Securities Services, Intesa Sanpaolo, and Societe Generale’s SG Forge, demonstrated a coordinated workflow enabling the exchange and settlement of tokenized bonds across blockchain platforms and legacy systems, with tokenized assets moving seamlessly between platforms and payments settled in both fiat and digital currencies. According to a January 15 release, this marks the first time Swift has demonstrated the ability to orchestrate tokenized asset transactions as a single, coordinated process across blockchain platforms and traditional systems. Thomas Dugauquier, Swift’s tokenized assets product lead, said, “This milestone demonstrates how collaboration and interoperability will shape the future of capital markets. By proving that Swift can orchestrate multi-platform tokenised asset transactions, we’re paving the way for our members to adopt digital assets with confidence, and at scale.”

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