Societe Generale works with Swift to settle tokenize bonds using cash and stablecoins

Societe Generale works with Swift to settle tokenize bonds using cash and stablecoins

The bank’s digital asset division SG-FORGE used its MiCA-compliant EUR CoinVertible stablecoin.

Societe Generale-FORGE and Swift Advance Tokenized Bond Settlement

The digital asset subsidiary of French banking group Societe Generale-FORGE and global financial messaging provider Swift have completed a pilot program that demonstrated the exchange and settlement of tokenized bonds using both fiat money and digital currencies. The initiative showed how traditional financial instruments can be issued, settled, and managed on distributed ledger technology while remaining compatible with established financial in…

Swift Partners With Chainlink To Drive Multi-Bank Digital Asset Settlement Solutions

Swift, in collaboration with BNP Paribas Securities Services, Intesa Sanpaolo, and Société Générale, FORGE, has completed a pioneering digital asset interoperability trial. The initiative demonstrated how Swift can coordinate tokenized asset transactions across multiple platforms. The trial focused on tokenized bonds, covering delivery-versus-payment settlement, interest payouts, and redemption events. Banks acted as paying agents, custodians, a…

Swift Extends Work With Chainlink, UBS To Interoperability Milestone With BNP Paribas, Intesa Sanpaolo, Societe Generale

Swift, the world’s leading provider of secure financial messaging services, has announced the completion of a landmark interoperability trial with BNP Paribas, Intesa Sanpaolo, and Societe Generale – FORGE. The collaboration established the seamless exchange and settlement of tokenized bonds with support for payments in both fiat and digital currencies. This breakthrough builds on Swift’s work to advance digital asset interoperability by combini…

Swift completes tokenized assets pilot with BNP Paribas, Société Générale

Swift has announced the successful completion of a major digital asset interoperability pilot in collaboration with BNP Paribas Securities Services, Intesa Sanpaolo, and the blockchain arm of Société Générale, FORGE.  The landmark trial demonstrates how tokenized bonds can be seamlessly issued, exchanged, settled, and serviced across both traditional financial systems and blockchain platforms, all while facilitating payments in fiat currency and…