Standard Chartered (HKG:2888) has launched its tokenized deposits solution in Hong Kong to corporate clients via the Hong Kong Monetary Authority's (HKMA) EnsembleTX infrastructure.
The solution runs on Standard Chartered's own blockchain and combines regulated bank deposits with tokenised asset programmability, enabling real-time transfers between banks and inter-bank settlement.
China AMC, Finloop and PantherTrade have executed live transactions using the solution, and Standard Chartered is partnering with Fireblocks and Hashkey, according to a statement on Monday.
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