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

HSBC Tokenised Deposit Pilot on Canton

canton network hsbc tokenised deposit tokenization institutional settlement digital assets atomic settlement privacy-preserving rails

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