COINDESK · 2026-11-02 15:10 UTC

Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients

Standard Chartered launched tokenized deposits for corporate clients in Hong Kong using HKMA blockchain infrastructure, enabling real-time interbank transfers settled with central bank money. HKMA's EnsembleTX project expanded to 24-hour settlement with 12 banks and 20 participating firms, up from November 2025 pilot. Standard Chartered partnered with Fireblocks and Hashkey to connect the service to digital asset clients, with no immediate expansion plans beyond Hong Kong.

Loading the story on Tree News…