HSBC and ANT Group launch successful tokenised deposits trial

Through the backing of Chinese conglomerate Ant Group, HSBC has announced successful trials testing tokenised deposits in intra-group treasury transactions.  Ant Group lent its blockchain capabilities to explore the potential of tokenised deposits within the HSBC network, finding real-time monetary movement between corporate and HSBC accounts.  Tests were run in accordance with the Hong Kong … Continue reading HSBC and ANT Group launch successful tokenised deposits trial