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Standard Chartered Launches Blockchain-Based Tokenized Deposit Solution

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2025-12-18 05:37:53
According to market news, Standard Chartered has launched a blockchain-based tokenized deposit solution for Ant International, enabling real-time transfers of Hong Kong dollars, offshore RMB, and US dollars.
The bank has partnered with global fintech company Ant International to deploy the technology on Ant's whaling platform. The launch is part of the HKMA's "Digital Hong Kong Dollar" project, which aims to promote the adoption of distributed ledger technology in the region. Ant International is the first customer to adopt the new solution, which enables round-the-clock money management and liquidity transfer. Standard Chartered and Ant International are both members of the EnsembleTX group, which supports the promotion and application of tokenization technology in Hong Kong. Since May 2024, Standard Chartered has joined the "Digital Hong Kong Dollar" project architecture community to assist in the development of industry standards and testing of tokenization application scenarios.
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