Standard Chartered Bank Launches Blockchain-Based Tokenization Deposit Solution for Ant International
BlockBeats News, December 18, according to techinasia report, Standard Chartered Bank has launched a blockchain-based tokenized deposit solution for Ant International, supporting real-time transfers in Hong Kong dollars, offshore Chinese yuan, and US dollars.
The bank has partnered with global fintech company Ant International to apply this technology to Ant's Whale platform. This move is part of the Hong Kong Monetary Authority's "Project Ensemble" plan, aimed at promoting the development of distributed ledger technology in the region.
Ant International is the first customer to adopt this new solution, enabling 7x24-hour treasury management and liquidity transfers. Both Standard Chartered Bank and Ant International are members of the EnsembleTX group that supports tokenization applications in Hong Kong.
Since May 2024, Standard Chartered Bank has joined the "Project Ensemble" architecture community to help establish industry standards and test tokenization application scenarios.
You may also like
Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai

Why have foreign exchange stablecoins never taken off?

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business

Insiders: DeepSeek is forming a Harness team to compete with Claude Code

SpaceX officially submitted its prospectus, unveiling the largest IPO in history

The financial changes under the new SEC regulations: Opportunities and regulatory red lines behind "tokenized stocks"

Blockchain Capital Partner: The structure of on-chain dual-layer capital is still in the early stages of value discovery

Secured over $60 million in funding from Dragonfly, Sequoia, and others, learn about the on-chain derivatives protocol Variational | CryptoSeed

I tested with $10,000: zero wear and tear, annualized 8%, and can earn points (with complete tutorial + screenshots)

Eight departments take strong measures to regulate cross-border brokers, what do you think?
Cheers, Charts & AI: A Recap of WEEX Labs' Openguin Party Energy at ETHMilan 26

Morning Report | Deloitte acquires crypto infrastructure company Blocknative; stablecoin company Checker completes $8 million financing; a16z may have become the largest external institutional holder of HYPE

Interpretation of xBubble SOP: Packaging Vibe Coding for non-technical users

From Followers to Price Setters: The Role of the Crypto Market is Reversing

a16z invested $356 million to aggressively acquire HYPE, surpassing Paradigm to become the largest external holding institution

Google officially declares war



