Standard Chartered Launches Tokenized Deposits Solution in Hong Kong
1 report, 1 independent
Updated Mon 00:00
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What happened
Standard Chartered launched a tokenized deposits solution in Hong Kong on November 2, 2026, utilizing infrastructure from the Hong Kong Monetary Authority’s Project EnsembleTX. The offering, built on Standard Chartered's blockchain infrastructure, partners with Fireblocks to provide access to the digital asset client ecosystem.
Why it matters
The solution allows eligible clients to use commercial bank deposits within digital treasury and investment workflows, including intragroup liquidity management. This enables real-time transfer of tokenized deposits and 24/7 settlement between banks using central bank money.
Who's involved
- Standard CharteredLaunched the tokenized deposits solution using its blockchain infrastructure.
- FireblocksPartners with Standard Chartered to provide access to the digital asset client ecosystem.
- Hong Kong Monetary AuthorityDeveloped Project EnsembleTX, the underlying infrastructure for real-value tokenized transactions.
- Mary HuenCEO of Standard Chartered for Hong Kong, Greater China, and North Asia.
Keep exploring
The entities involved
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Hong Kong
city and special administrative region of China
- Fireblocks