Standard Chartered Deploys Tokenized Deposits in Live Corporate Treasury Operations
Standard Chartered has introduced a blockchain-based tokenized deposit solution for Ant International, marking one of the first real-world uses of tokenized deposits in active corporate treasury management.
Launched under the HKMA’s Project Ensemble, the solution enables near real-time, 24/7 internal transfers in HKD, CNH and USD through Ant’s Whale platform. Unlike stablecoins, the tokens represent actual bank deposits held on Standard Chartered’s balance sheet within a fully regulated framework.
The initiative demonstrates how blockchain technology can enhance liquidity management and transparency while operating entirely within existing banking regulations.