(15 January 2026 – Europe) Swift is preparing to add a blockchain-based shared ledger to its infrastructure after completing a series of successful digital asset interoperability trials with BNP Paribas Securities Services, Intesa Sanpaolo and Société Générale–Forge.
The trials demonstrated the exchange and settlement of tokenised bonds, including delivery-versus-payment (DvP) using both fiat currency and stablecoins. Swift leveraged SG-Forge’s digital asset platform and EURCV stablecoin to support bond settlement, interest payments and redemption across the full asset lifecycle, with roles spanning paying agent, custodian and registrar.
The work forms part of a broader program of digital asset and digital currency experiments, with Swift now focused on embedding a shared ledger into its core architecture. The initial use case will centre on enabling real-time, 24/7 cross-border payments, designed in collaboration with more than 30 banks globally.
Swift said the approach is intended to link existing financial market infrastructure with emerging digital ecosystems, while continuing to rely on established standards such as ISO 20022 and ISO 15022 alongside agreed market practices.
“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,” said Thomas Dugauquier, tokenised assets product lead at Swift. “It’s about creating a bridge between traditional finance and emerging technologies.”