HashKey Group partners with Standard Chartered as an early institutional client for its tokenised deposit solution.
RWA & Tokenization ·
Standard Chartered has launched a tokenised deposits solution in Hong Kong and brought HashKey Group on as an early institutional client for the offering. The initiative operates under Hong Kong Monetary Authority oversight, positioning the bank's digital-assets infrastructure deeper into Asia-Pacific markets.
The tokenised deposit product represents one component of Standard Chartered's broader institutional crypto stack, which spans custody services, stablecoin issuance, fiat settlement rails, and real-world asset tokenisation research. The bank, a London-headquartered institution with roughly $800 billion in assets, has structured its digital-assets engagement across market research, infrastructure investment, regulated custody, and venture capital—moving beyond its traditional trade-finance franchise into tokenised settlement infrastructure.
The exact mechanics of how HashKey Group will utilise the deposits solution and the scale of its participation remain unspecified. Standard Chartered's broader crypto positioning is publicly shaped by its digital assets research head, whose price forecasts for Bitcoin and Ethereum carry institutional weight in the market, though the connection between research output and product adoption timelines is not detailed in available accounts.