Standard Chartered Launches 24/7 Tokenized Deposits in Hong Kong
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Standard Chartered has launched 24/7 tokenized deposits in Hong Kong, with China AMC, Finloop and PantherTrade already executing live tokenized-deposit and money-market-fund transactions on the platform. The service enables institutional clients to move tokenized deposits and money-market-fund positions around the clock, extending settlement beyond traditional banking hours in one of Asia's leading digital-asset hubs. The move positions Standard Chartered among the first global banks to offer always-on tokenized deposit services, supporting Hong Kong's push to build out its tokenization and stablecoin infrastructure. The early participation of asset manager China AMC and platforms Finloop and PantherTrade signals institutional demand for programmable, instantly settled cash equivalents. Watch for additional banks and asset managers joining the network, regulatory guidance from the Hong Kong Monetary Authority on tokenized deposits, and expansion of use cases such as collateral mobility and intraday repo.
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Named in this story
Standard Chartered, Hong Kong, Finloop, China AMC, PantherTrade