HashKey Adopts Tokenised Deposit for Cross-Market Treasury and Liquidity Management on Standard Chartered's Blockchain Platform

On November 2, 2026, HashKey Group, a prominent Asian digital asset company, revealed its adoption of Standard Chartered's newly introduced institutional tokenised deposit solution. This move marks HashKey as one of the first institutional clients to utilize the innovative solution, which enables the digital representation of commercial bank deposits on the blockchain.

Tokenized deposits, constructed on Standard Chartered's blockchain infrastructure, allow eligible clients like HashKey to leverage their bank deposit balances within a blockchain-based environment, preserving the attributes of commercial bank money. This integration of trust from bank deposits and the programmability, speed, and extended availability of blockchain technology facilitates near real-time fund movement and efficient cross-border liquidity management.

Haiyang Ru, CEO of HashKey Exchange BG, emphasized the importance of tokenized deposits in connecting funds within the banking system more directly to the on-chain environment, thus enhancing HashKey's institutional financial infrastructure. Mark Willis, Head of Emerging Payments, Transaction Services, and Digital Assets at Standard Chartered, highlighted how tokenized deposits can provide clients with greater flexibility in managing liquidity across markets, enabling near real-time and extended-hours fund movement to optimize treasury and liquidity management.

HashKey has long been focused on building institutional-grade digital asset infrastructure, expanding its network with its Asia Interconnected strategy and deepening its connections in major Asian markets. The company's continued expansion aims to provide more efficient fund-flowing support for tokenized assets and other on-chain financial applications, further bridging the gap between traditional financial systems and on-chain financial markets.