HashKey Adopts Tokenised Deposit for Cross-Market Treasury and Liquidity Management on Standard Chartered's Blockchain Platform

scmp.comPublished by source: Added to RWA Signal: 4 min read
HashKey Adopts Tokenised Deposit for Cross-Market Treasury and Liquidity Management on Standard Chartered's Blockchain Platform
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RWA Signal Insight

Infrastructure

HashKey Group has become one of the first institutional clients to adopt Standard Chartered’s newly launched tokenized deposit solution to optimize its treasury and liquidity management. By utilizing digital representations of commercial bank deposits on a blockchain, HashKey can now facilitate near real-time fund movements outside of traditional banking hours. This integration addresses the friction caused by banking cut-off times, which previously hindered the 24/7 nature of digital asset operations. The solution bridges the gap between traditional bank money and on-chain environments, allowing for greater programmability and efficiency in cross-border capital deployment. For the broader RWA market, this development signifies a critical step in connecting institutional banking infrastructure with digital asset ecosystems. It demonstrates how established financial institutions are evolving their settlement systems to support the growing demand for on-chain finance. Ultimately, this partnership enhances HashKey's ability to manage global treasury positions while maintaining the trust and regulatory characteristics of commercial bank deposits.

Key points

  • HashKey Group adopted Standard Chartered’s new institutional tokenized deposit solution.
  • Tokenized deposits enable near real-time fund movement outside traditional banking hours.
  • The solution bridges commercial bank money with blockchain-based digital asset infrastructure.
  • Integration supports HashKey’s cross-jurisdictional treasury and liquidity management needs.

Background

Standard Chartered is a multinational banking group with a significant presence in 55 markets, serving as a major note-issuing bank in Hong Kong. Tokenized deposits are digital versions of commercial bank money issued on a blockchain, designed to retain the legal status of bank deposits while gaining the speed and programmability of distributed ledger technology.

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