Animoca, Standard Chartered and HKD

Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances
Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin. The joint venture aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under the city’s upcoming stablecoin regulatory framework.
Standard Chartered and Animoca Brands team up for HKD-backed stablecoin launch
Global banking giant Standard Chartered is teaming up with blockchain gaming and digital assets venture firm Animoca Brands on a significant blockchain-related venture. Per a press release, the collaboration also involves local telecom giant HKT and will see the three partners eye a new stablecoin pegged on the Hong Kong Dollar.
Standard Chartered, Animoca Brands, HKT Form JV to Issue HKD backed Stablecoin
Standard Chartered Bank, Animoca Brands, HKT entered into agreements to establish a joint venture with intention to apply for license from HKMA.
Standard Chartered, Animoca Brands and HKT establish joint venture to issue HKD-backed stablecoin
Hong Kong, February 18, 2025 -- Standard Chartered Bank (Hong Kong) Limited (“SCBHK”), Animoca Brands, and HKT have entered into agreements to establish a joint venture (“JV”) with the intention to apply for a license from the Hong Kong Monetary Authority (“HKMA”) in the new regulatory regime1 in order to issue a Hong Kong dollar-backed stablecoin.
Animoca Brands and SCBHK Team Up for HK Dollar Stablecoin
Animoca Brands, SCBHK, and HKT partner to apply for a license to issue HK dollar-backed stablecoins under HKMA’s new rules.
Standard Chartered Signs Deal with Animoca Brands and HKT to Launch HKD-Backed Stablecoin.
Standard Chartered has signed a deal with Animoca Brands and HKT to launch HKD-Backed Stablecoin in Hong Kong. Takeaway Points Standard Chartered has signed a deal with Animoca Brands and HKT to launch HKD-Backed Stablecoin.
Standard Chartered to Launch HK Dollar-backed Stablecoin
Standard Chartered, Animoca Brands, and HKT form a joint venture to launch a Hong Kong dollar-backed stablecoin under HKMA’s licensing regime
Standard Chartered leads Hong Kong’s Stablecoin push with Animoca & HKT
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Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin
Standard Chartered said it has entered agreements with Animoca Brands, a company which specialises in Web3 for leveraging blockchains, and HKT, a major telecommunications service provider in Hong Kong,
Standard Chartered, Animoca Brands, HKT to pursue Hong Kong dollar-backed stablecoin
Stablecoins are digital assets that maintain a fixed value relative to a government-issued fiat currency or other reference rate.
Standard Chartered forms joint venture for HKD-backed stablecoin issuance
Plc announced on Monday its plans to form a joint venture with Animoca Brands and HKT to apply for a license from the Hong Kong Monetary Authority.
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Hong Kong’s Digital Asset Ecosystem Set to Grow with New Joint Venture for Stablecoin Issuance
Animoca Brands, and HKT have launched a joint venture to apply for a license from the Hong Kong Monetary Authority to issue a Hong Kong dollar-backed stablecoin. This collaboration leverages SCBHK’s ...