Swift concludes tokenized bond interoperability pilot with BNP Paribas, Intesa Sanpaolo and Société Générale FORGE

On January 15 2026, Swift reported that it had completed a major pilot on digital asset interoperability with BNP Paribas Securities Services, Intesa Sanpaolo and Société Générale's blockchain unit FORGE. The trial showed tokenized bonds could be issued, settled and serviced across traditional infrastructure and blockchain networks using both fiat payments and digital currencies, including stablecoins, and Swift now plans to integrate a blockchain-based ledger to support real-time cross-border transactions.