Standard Chartered Bank and Ant International have launched a new blockchain tokenized deposit solution in Hong Kong

Standard Chartered Bank (SCBHK) and Ant International have officially commercialized a blockchain-based tokenized deposit solution, enabling real-time, round-the-clock fund transfers in Hong Kong dollars, offshore renminbi, and US dollars.

The system provides "just-in-time" liquidity management for global enterprises through Ant International's proprietary Whale platform, breaking through traditional banking time constraints and settlement delays.