StanChart announces successful pilot of redemption liquidity facility for Ant International’s investment in tokenised money market funds
Standard Chartered Bank (Hong Kong) Limited (SCBHK) today announced the successful pilot with Ant International of a redemption liquidity facility for its investment in tokenised money market fund.
The solution is designed to provide corporates and institutions with timely access to funds when redeeming their investments, marking a further step towards unlocking greater liquidity and utility.
The redemption liquidity facility enables corporate clients to access liquidity without having to wait for the underlying fund settlement cycle to complete, bridging the timing gap associated with fund redemption and enhancing the usability of tokenised investments in corporate treasury management.
The pilot with Ant International demonstrates how established banking capabilities can complement tokenised investments to provide corporates with more efficient access to liquidity, supporting the growing adoption of tokenisation.
Ying-Ying Tan, Global Head of Securities Services and Digital Assets, Standard Chartered, said:
“Tokenisation is moving from innovation to real-world business value. By bringing together Standard Chartered’s banking expertise and digital asset capabilities, we can help clients make their tokenised investments more liquid, accessible and useful. Our pilot with Ant International demonstrates how timely liquidity can integrate tokenised investments more effectively into corporate treasury operations. This is the next step in the evolution of digital finance: moving beyond holding digital assets to putting them to productive use.”
Kevin Chang, Cluster Head, Trade and Working Capital, GCNA and Group Head, Trade Digital Assets, Standard Chartered, said:
“As corporate treasury becomes increasingly digital, working capital solutions need to evolve to meet changing client needs. This pilot demonstrates how we can extend our financing capabilities into the digital asset ecosystem, helping clients access working capital when they need it and supporting more efficient treasury management.”
Kelvin Li, General Manager of Platform Tech and Senior Vice President at Ant International, said:
“We are glad to partner with Standard Chartered on the development of 24/7 liquidity management solutions via tokenised money market funds. This collaboration advances our real-time treasury management strategy by enabling seamless access to liquidity alongside our tokenised investments. We look forward to scaling this proposition together with the bank.”
Looking ahead, Standard Chartered will explore how digital assets can be used as collateral to support a broader range of financing, liquidity and treasury needs, helping clients unlock greater value from their digital asset holdings while expanding the use of these assets in day-to-day treasury management.
