<div id="readability-page-1"><img width="150" height="150" src="https://imageproxy.pbkrs.com/https://technode.global/wp-content/uploads/2025/07/Ant-International-150x150.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://technode.global/wp-content/uploads/2025/07/Ant-International-150x150.jpg"/>Ant International, HSBC and Swift have on Wednesday completed a successful Proof of Concept (POC) for the cross-border transfer of tokenized deposits using ISO 20022 standards. The initiative leverages Swift’s global messaging network and HSBC’s recently launched Tokenised Deposit Service, combined with Ant International’s blockchain technology, the trio said in a statement. The POC marks a key milestone in Ant International, HSBC, and Swift’s efforts to help businesses unlock the full benefits of tokenization for enhanced liquidity, programmable finance, and 24/7 real-time settlement. As part of this initiative, Ant International and HSBC successfully integrated Ant International’s in-house blockchain infrastructure with Swift’s networks, enabling real-time treasury management across borders through HSBC Singapore and Hong Kong, via HSBC’s Tokenized Deposit Service. With the introduction of a common protocol co-built with Swift and HSBC, this could remove the need for Ant International to establish individual bilateral arrangements with its bank partners, making it more seamless and efficient for Ant International to leverage banks’ tokenized deposit services. Combining the transparency and efficiency of tokenization with the scale and security of existing payments infrastructure, the integration with Swift’s network enhances the security and compliance of Ant International’s innovative blockchain-based solution. Powered by ISO 20022, the solution extends HSBC’s existing AML systems, anti-fraud capabilities and infrastructure into the tokenized deposit service, paving the way for digital money issuers to leverage ISO 20022 and the Swift network, enabling easier adoption by banks and external customers during its future rollout and allowing further interoperability between digital money and traditional fiat money. Shirish WADIVKAR, Global Head, Payments and Cash Management, Swift, said they are excited to demonstrate how ISO 20022 data formats, when combined with new technologies like blockchain, bring significant value to the entire community. “This integration not only speeds up payment processing but also enhances AML and sanctions screening, “As the financial ecosystem evolves, we remain committed to shaping a future of seamless global interoperability, powered by ISO 20022’s structured data and aligned with financial institutions’ need for trust, efficiency, and regulatory consistency,” he added. Lewis Sun, Global Head of Domestic Payments and Emerging Payments, HSBC, said this collaboration with Swift and Ant International is an important step in building a more connected digital money ecosystem for our clients. “As we expand HSBC’s Tokenized Deposit Service, ensuring interoperability across both emerging blockchain networks and established payment rails is critical, “By enabling tokenized deposits to move securely and efficiently across borders, we are giving our corporate clients more choice in how they manage liquidity globally; with the familiarity of traditional banking and the benefits of next-generation digital infrastructure,” he added. Kelvin Li, General Manager of Platform Tech at Ant International said since joining Swift’s network last year, they have worked closely to integrate their blockchain capabilities with their robust payment infrastructure. “We hope our collaboration can guide the standardization of tokenised deposits under ISO 20022, “We will continue to enable interoperability in global money movement together with our partners, so businesses can access more transparent, secure and efficient cross-border payments,” he added. The three parties will continue to build on the groundwork of the POC, exploring future pilot tests and use cases for commercial deployment. It is noted that tokenized deposit service is HSBC’s blockchain-based instant atomic settlement offering for its corporate clients to manage and move funds across participating HSBC locations in real-time, 24/7 by converting deposits into digital tokens (one token for every dollar). <blockquote>WNBA Champion Sabrina Ionescu becomes Global Brand Ambassador for Ant International</blockquote> </div>

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Ant International, HSBC, and Swift have completed a successful Proof of Concept for cross-border tokenized deposits using ISO 20022 standards. This initiative integrates Ant's blockchain with Swift's network, enhancing real-time treasury management and security. The collaboration aims to standardize tokenized deposits, improve interoperability, and offer efficient cross-border payments. Future pilot tests and commercial deployments are planned.

- Ant International, HSBC, and Swift have successfully completed a Proof of Concept for cross-border tokenized deposits using ISO 20022 standards.  
- This initiative integrates Ant International's blockchain with HSBC's Tokenized Deposit Service and Swift's messaging network, enhancing liquidity and enabling real-time treasury management.  
- The collaboration aims to streamline tokenized deposit services, improve security and compliance, and facilitate interoperability between digital and traditional currencies.

Ant International and HSBC test new cross-border payments solution using tokenized deposits on Swift’s network