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HashKey Group becomes one of the first clients for Standard Chartered's institutional tokenized deposit solution, for cross-market fund management and settlement.
HashKey Group (3887.HK) announced on November 2 that it has become one of the first institutional clients for Standard Chartered Bank's newly launched institutional tokenized deposit solution. The solution is designed to support HashKey's institutional fund management and settlement use cases. Tokenized deposits are digital representations of commercial bank deposits on the blockchain, which HashKey will leverage for cross-market liquidity management outside traditional banking hours to enhance efficiency.
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