HSBC plans to expand tokenized assets, prioritizing stability over volatile cryptocurrencies. Hong Kong leads in adopting tokenization, with successful digital bond offerings.
WeiliangHSBC, under Sami Abouzahr, integrates tokenization tech amid Hong Kong's digital Yuan trials, expanding investment options. Collaboration between HKMA and SFC establishes regulatory framework. Hong Kong advances digitalization to challenge USD dominance.
Xu LinHSBC is working with the Ripple-owned, Swiss-based crypto infrastructure firm Metaco to introduce a custody service for digital assets
KikyoHSBC, one of the UK’s largest banks, announced that it will work with Metaco, a technology company owned by Ripple Labs, on digital asset custody services.
BitcoinworldThe new offering will target institutional investors first, though HSBC hopes that eventually, retail investors will be allowed to participate.
ClementReal estate businesses will be able to automate payments releases, improve operational efficiency, and eventually reduce the turnaraound time of a project.
AlexDepositors will be able to access their funds through the deal.
BeincryptoIn particular, the bank is hiring a Product Director for tokenization use cases and digital assets, job adverts posted on January 30 indicate.
FinboldHSBC Group and IBM have successfully carried out cross-domain and end-to-end digital asset transactions through pilot tests, and can also settle securities and foreign exchange.
CointelegraphOnce known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.
Cointelegraph