Coin Edition
2023-11-02 18:39:00

HSBC Partners With Ant Group to Explore Tokenized Deposits

Hong Kong’s financial giant HSBC has reportedly conducted successful trials involving tokenized deposits, enhancing treasury fund transfer with improved turnaround time and cost efficiency. The Hong Kong Monetary Authority, in partnership with Ant Group, a prominent Chinese financial services company that Jack Ma founded, provided a sandbox for the experiments to be conducted. Earlier today, The post HSBC Partners With Ant Group to Explore Tokenized Deposits appeared first on Coin Edition .

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