Hong Kong2026.11.02Odaily

Standard Chartered Bank Launches Tokenized Deposits in Hong Kong

• Standard Chartered Bank rolled out tokenized deposits for clients in Hong Kong, converting conventional bank deposits into blockchain-recorded digital tokens.
• The service is aimed at corporate clients, intended to improve the speed and efficiency of settlement and fund transfers.
• The launch reflects Hong Kong's push to position itself as a hub for digital asset and blockchain-based financial innovation, with major banks increasingly piloting tokenization initiatives.