September 11, 2025
by Jake Claver
by Jake ClaverSG-FORGE, Swift, and tokenized bonds: tokenization moving into regulated markets
SG-FORGE, Swift, and tokenized bonds show tokenization taking concrete institutional form. Every part of it traces back to a named, primary source.
The Asset Is Moving Onchain
This material points to real-world assets being packaged for digital settlement or collateral use. The primary source is the SG-FORGE homepage, with supporting material from the SG-FORGE/Swift digital asset interoperability release and the Swift digital finance trial.
What This Means For Market Infrastructure
What it changes for the broader institutional payments and tokenization stack: tokenized assets can give an ecosystem a clearer role in capital markets, from issuance through settlement. The broader research trail also includes the SG-FORGE/METACO release.
From The Source
