ME News, December 18 (UTC+8), Standard Chartered Bank launched a blockchain-based tokenized deposit solution for Ant International, supporting real-time transfers in HKD, offshore RMB, and USD. The bank collaborated with global fintech company Ant International to deploy this technology on Ant's Whale Probe platform. This launch is part of the Hong Kong Monetary Authority's 'Digital HKD' project (Project Ensemble), aimed at promoting the application of distributed ledger technology in the region. Ant International is the first client to adopt this new solution, which enables around-the-clock fund management and liquidity transfer. Both Standard Chartered Bank and Ant International are members of the EnsembleTX group, which supports the promotion of tokenization technology in Hong Kong. Since May 2024, Standard Chartered Bank has joined the 'Digital HKD' project framework community to assist in setting industry standards and testing tokenization application scenarios. (Source: ME)

