Banks

Standard Chartered Hong Kong pilots a redemption liquidity facility for Ant International's tokenised money market fund holdings

Standard Chartered Bank (Hong Kong) piloted a redemption liquidity facility with Ant International for the corporate's investment in a tokenised money market fund. The facility lets corporate clients access liquidity without waiting for the underlying fund settlement cycle to complete.

Sources

  1. FX News Group
  2. EuropaWire (press release)

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