Key Takeaways
- • HashKey Group (3887.HK) is among the first institutional clients to adopt Standard Chartered's newly launched institutional tokenised deposit solution, announced November 2, 2026.
- • The solution lets HashKey use commercial bank deposit balances within an approved blockchain environment while retaining the characteristics of commercial bank money.
- • The primary use case is cross-market treasury and settlement, with near real-time, extended-hours fund movement between HashKey's entities across jurisdictions.
- • Tokenised deposits are positioned as a bridge between bank deposit money and the digital asset ecosystem, per Standard Chartered's Head of Emerging Payments, Transaction Services and Digital Assets.
- • The announcement is a company-issued release carried in advertising-partner content, so the claims are promotional and no independent performance or volume figures were disclosed.
Summary
HashKey Group, a Hong Kong-listed digital asset company (3887.HK), said on November 2, 2026 that it is among the first institutional clients to adopt Standard Chartered's newly launched institutional tokenised deposit solution. HashKey is using the solution to support its institutional treasury management and settlement operations. The article was produced by an advertising partner of the South China Morning Post and reflects the companies' own description of the arrangement.
Tokenised deposits are digital representations of commercial bank deposits on a blockchain. Built on Standard Chartered's blockchain infrastructure, the product allows eligible clients to use bank deposit balances within an approved blockchain-based environment while retaining the characteristics of commercial bank money. Standard Chartered states that the model combines the trust of bank deposits with blockchain-enabled programmability and speed, and that it can facilitate near real-time fund movement and more efficient cross-border liquidity management with extended availability.
For HashKey, which operates across multiple jurisdictions, the main benefit is moving liquidity between markets and entities outside traditional banking hours. Digital asset activity runs around the clock, but fund transfers between HashKey's entities have been constrained by banking cut-off times. HashKey says tokenised deposits will give it more flexibility to manage treasury positions, reduce funding friction and deploy working capital more efficiently.
Haiyang Ru, CEO of HashKey Exchange BG, said that as more assets move on-chain, fund and settlement systems must evolve in parallel, and that tokenised deposits connect bank-system funds more directly to the on-chain environment. Mark Willis, Head of Emerging Payments, Transaction Services and Digital Assets at Standard Chartered, said the work with HashKey demonstrates how the technology can support near real-time, extended-hours fund movement for treasury and liquidity needs.
HashKey describes the deal as part of its "Asia Interconnected" strategy and its cross-jurisdiction licence network. The company says it will continue working with global financial institutions to explore tokenised deposit applications in institutional business. No transaction values, deposit volumes or launch timelines were disclosed.
Tokenised deposits are digital representations of commercial bank deposits on a blockchain. Built on Standard Chartered's blockchain infrastructure, the product allows eligible clients to use bank deposit balances within an approved blockchain-based environment while retaining the characteristics of commercial bank money. Standard Chartered states that the model combines the trust of bank deposits with blockchain-enabled programmability and speed, and that it can facilitate near real-time fund movement and more efficient cross-border liquidity management with extended availability.
For HashKey, which operates across multiple jurisdictions, the main benefit is moving liquidity between markets and entities outside traditional banking hours. Digital asset activity runs around the clock, but fund transfers between HashKey's entities have been constrained by banking cut-off times. HashKey says tokenised deposits will give it more flexibility to manage treasury positions, reduce funding friction and deploy working capital more efficiently.
Haiyang Ru, CEO of HashKey Exchange BG, said that as more assets move on-chain, fund and settlement systems must evolve in parallel, and that tokenised deposits connect bank-system funds more directly to the on-chain environment. Mark Willis, Head of Emerging Payments, Transaction Services and Digital Assets at Standard Chartered, said the work with HashKey demonstrates how the technology can support near real-time, extended-hours fund movement for treasury and liquidity needs.
HashKey describes the deal as part of its "Asia Interconnected" strategy and its cross-jurisdiction licence network. The company says it will continue working with global financial institutions to explore tokenised deposit applications in institutional business. No transaction values, deposit volumes or launch timelines were disclosed.
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