A Live Demonstration in Frankfurt

The global financial messaging network Swift has launched a new tokenization platform, marking a significant move to bridge traditional finance with blockchain technology. The company showcased the platform’s capabilities at the Sibos 2025 conference in Frankfurt, Germany, by successfully issuing a tokenized eurobond on Sepolia, an Ethereum test network.

While the demonstration occurred on a test network, Swift confirmed the technology is fully compatible with live blockchains. The transaction highlights how tokenization can simplify the management, settlement, and compliance processes for conventional financial instruments. This development follows recent moves by institutions like Clearstream and Euroclear to establish standards for digital bonds, signaling a broader industry shift toward blockchain-based securities.

Connecting Blockchains to Traditional Infrastructure

Swift’s platform aims to create a common standard for tokenized assets, including bonds, stablecoins, and investment funds. It operates using modular smart contracts that function across all Ethereum Virtual Machine (EVM) compatible blockchains, encompassing both layer-one and layer-two networks. Once deployed, these self-executing contracts manage the complete asset lifecycle from issuance to secondary trading.

The system is designed to integrate seamlessly with existing financial infrastructure, including custodians, dealers, and central securities depositories. It adheres to established standards such as ISO 20022 and ICMA guidelines while supporting delivery-versus-payment settlement to meet regulatory requirements. By tokenizing assets like eurobonds, Swift aims to reduce friction, lower costs, and enhance transparency in a market traditionally burdened by multiple intermediaries and long settlement times.

The Path to Institutional Adoption

Developed in collaboration with French startup FeverTokens, the platform represents a growing trend of blockchain adoption within institutional finance. It also features a community hub where banks, fintech firms, and Web3 developers can contribute audited, standardized modules to accelerate innovation across the ecosystem.

Access to the platform is currently limited to partners, but Swift plans to open it to all institutions in the near future. This initiative sends a clear message to the market: tokenized assets are evolving from a future concept into a practical tool for modernizing finance.