Swift, the global payments network, has completed a groundbreaking trial that integrated tokenized bond transactions across blockchain and traditional financial systems. The pilot involved major banks like BNP Paribas, Intesa Sanpaolo, and Societe Generale’s blockchain subsidiary FORGE, facilitating delivery-versus-payment settlement, interest payouts, and redemptions. This effort signals a significant step toward bridging traditional finance and digital assets, including the use of stablecoins and real-time cross-border payment platforms.