HSBC Tokenised Deposit Pilot on Canton
Summary
The Canton Network announces HSBC has completed a tokenised deposit pilot, showing deposits can be issued, transferred, and settled atomically with digital assets. This milestone highlights institutional-grade settlement capabilities and the value of shared, privacy-preserving rails as the Canton team advances crypto infrastructure.
HSBC Payments on Canton
HSBC Payments is joining the Canton Network, marking another major step forward for institutional-grade settlement infrastructure.
HSBC has successfully completed a tokenised deposit pilot on Canton, demonstrating how deposits can be issued, transferred, and settled atomically with digital assets on the network.
This is a strong signal of what becomes possible when the right institutional partners are building on shared, privacy-preserving rails together.
The Canton team, no matter where they are, keeps moving crypto forward.
Read more:
https://financialit.net/news/infrastructure/hsbc-announces-successful-tokenised-deposit-pilot-canton-network-demonstrating @Announcements
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