SWIFT just wrapped up a major pilot program showcasing digital asset interoperability across traditional banking infrastructure. The trial involved collaboration with major European banks including BNP Paribas, Intesa Sanpaolo, and Société Générale.

What makes this significant isn't just the participation—it's the technical implementation. The pilot demonstrated delivery-versus-payment (DvP) settlement in a tokenized environment, processed interest payouts and redemptions, all executed on a blockchain-based framework. This marks a concrete step toward bridging legacy financial systems with digital asset infrastructure, potentially reshaping how institutions manage cross-border transactions and token settlement protocols.