--- title: "Standard Chartered Bank and ANT GROUP launch tokenized deposit products to support round-the-clock cash flow management | Lianhe Zaobao" type: "News" locale: "en" url: "https://longbridge.com/en/news/270127169.md" description: "Standard Chartered Bank and ANT GROUP have launched a tokenized Singapore dollar and US dollar account management solution, enabling 24/7 real-time cash flow management aimed at enhancing liquidity and efficiency in the financial markets. This solution is based on the Monetary Authority of Singapore's Guardian Program and supports transactions in Singapore dollars, US dollars, Hong Kong dollars, and offshore renminbi, showcasing the application of blockchain technology in fund management" datetime: "2025-12-18T08:28:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/270127169.md) - [en](https://longbridge.com/en/news/270127169.md) - [zh-HK](https://longbridge.com/zh-HK/news/270127169.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/270127169.md) | [繁體中文](https://longbridge.com/zh-HK/news/270127169.md) # Standard Chartered Bank and ANT GROUP launch tokenized deposit products to support round-the-clock cash flow management | Lianhe Zaobao Standard Chartered Bank has assisted Ant International in launching a tokenized Singapore dollar and US dollar account management solution on its Whale platform, enabling real-time cash flow management for both currencies around the clock. Standard Chartered Bank and Ant International stated in a joint announcement on Thursday (December 18) that the measures aim to enhance liquidity and efficiency in the financial markets. Mahesh Kini, Global Head of Cash Management at Standard Chartered Bank, said, "As businesses and institutions increasingly rely on 'just in time' liquidity, the demand for real-time, round-the-clock fund management is rapidly growing." The announcement further stated that this solution provides a blueprint for commercial banks to transfer funds from the traditional commercial bank ledger to blockchain, demonstrating how businesses can benefit from the immutability, speed, and efficiency of distributed ledger technology. #### Further Reading Ant International's one-stop business platform helps SMEs achieve digitalization and financing capabilities at low cost Ant International seeks new stablecoin to strengthen blockchain and aims for IPO The announcement also mentioned that this measure is built on the experience of the Monetary Authority of Singapore's Project Guardian. Project Guardian promotes collaboration between global policymakers and the financial industry by advancing asset tokenization, enhancing liquidity and efficiency in financial markets. The aforementioned solution supports transactions in Singapore dollars and US dollars in Singapore, as well as Hong Kong dollars, offshore renminbi, and US dollars in Hong Kong, allowing users in different markets to conveniently conduct transactions and settlements using their commonly used currencies Ankur Kanwar, the trading head of Standard Chartered Bank Singapore and ASEAN Bank, said: "This is an important step in our support for Singapore's development into a leading digital financial center." ### Related Stocks - [ANT GROUP (688688.CN)](https://longbridge.com/en/quote/688688.CN.md) ## Related News & Research - [UniCredit - as of YE25 group MREL equal to 30.6% of RWA, 10% of LRE](https://longbridge.com/en/news/281399909.md) - [Standard Chartered bought back 964,000 total shares on other exchanges for GBP14.9 million on Mar 27, HKEX filing shows](https://longbridge.com/en/news/280999426.md) - [11:33 ETFitness, Health and Wellness Experts Team Up to 'Get Fit for No Kid Hungry' with New On-Demand Initiative](https://longbridge.com/en/news/281213207.md) - [SG-led alliance opens PS Nanjing centre to link China, Southeast Asia](https://longbridge.com/en/news/280952194.md) - [08:19 ETSunnyD Vodka Seltzer Brings PURPLE to Life -- A Flavor 30 Years in the Making](https://longbridge.com/en/news/281522710.md)