Standard Chartered Hong Kong and Ant International launch tokenized deposit services BlockBeats news, on December 18th, according to the Hong Kong Economic Daily, Standard Chartered Bank (Hong Kong) and Ant International have tokenized Ant International's Hong Kong dollar, Chinese yuan, and US dollar accounts through the Ant International blockchain wealth management platform "Whale" under the framework of the Hong Kong Monetary Authority's distributed ledger technology regulatory incubator and Ensemble project. According to the report, the tokenization solution was jointly developed by both parties, allowing Ant International business entities to adopt a new financial management model, accelerate the transition to the new financial management model, and achieve real-time transfer of funds in Hong Kong dollars, Chinese yuan, and US dollars 24/7. Mahesh Kini, Global Head of Cash Management Business at Standard Chartered, stated that as businesses increase their reliance on immediate liquidity, the market's demand for real-time and 24/7 treasury management is rapidly growing.