Key Takeaways
- • Standard Chartered Bank (Hong Kong) has completed a pilot with Ant International for a redemption liquidity facility tied to its investment in a tokenized money market fund.
- • The facility is designed to give corporate and institutional investors faster access to proceeds during the redemption settlement period, without waiting for the underlying fund settlement cycle.
- • The pilot targets corporate treasury management, positioning tokenized investments as more practical tools for working capital needs.
- • Standard Chartered plans to explore using digital assets as collateral across a broader range of financing, liquidity and treasury services.
Summary
Standard Chartered Bank (Hong Kong) has completed a pilot with Ant International for a redemption liquidity facility linked to its investment in a tokenized money market fund, according to the bank's announcement. The solution addresses the timing gap between submitting a redemption request and receiving proceeds, giving corporate and institutional investors access to liquidity during the settlement period rather than waiting for the underlying fund's settlement cycle.
Ying-Ying Tan, Global Head of Securities Services and Digital Assets at Standard Chartered, said tokenization is "moving from innovation to real-world business value." She added that the pilot "demonstrates how timely liquidity can integrate tokenised investments more effectively into corporate treasury operations," describing it as a step beyond holding digital assets toward putting them to productive use.
The initiative also extends the bank's working capital capabilities. Kevin Chang, Cluster Head, Trade and Working Capital, GCNA and Group Head, Trade Digital Assets at Standard Chartered, said the pilot shows how the bank can extend its financing capabilities into the digital asset ecosystem, helping corporate clients access working capital while managing tokenized investments.
Kelvin Li, General Manager of Platform Tech and Senior Vice President at Ant International, described the collaboration as a route to 24/7 liquidity management via tokenized money market funds, advancing Ant International's real-time treasury management strategy. The partners said they look forward to scaling the proposition together.
Standard Chartered also plans to explore the use of digital assets as collateral for a wider range of financing, liquidity and treasury services. The source material does not disclose financial terms, pilot size, or the number of participating clients.
Ying-Ying Tan, Global Head of Securities Services and Digital Assets at Standard Chartered, said tokenization is "moving from innovation to real-world business value." She added that the pilot "demonstrates how timely liquidity can integrate tokenised investments more effectively into corporate treasury operations," describing it as a step beyond holding digital assets toward putting them to productive use.
The initiative also extends the bank's working capital capabilities. Kevin Chang, Cluster Head, Trade and Working Capital, GCNA and Group Head, Trade Digital Assets at Standard Chartered, said the pilot shows how the bank can extend its financing capabilities into the digital asset ecosystem, helping corporate clients access working capital while managing tokenized investments.
Kelvin Li, General Manager of Platform Tech and Senior Vice President at Ant International, described the collaboration as a route to 24/7 liquidity management via tokenized money market funds, advancing Ant International's real-time treasury management strategy. The partners said they look forward to scaling the proposition together.
Standard Chartered also plans to explore the use of digital assets as collateral for a wider range of financing, liquidity and treasury services. The source material does not disclose financial terms, pilot size, or the number of participating clients.
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