Standard Chartered Animoca HKT consortium company
Overview
Standard Chartered Animoca HKT consortium is a joint venture among Standard Chartered Bank, Animoca Brands, and HKT to issue a regulated, fiat-backed stablecoin in Hong Kong. It was announced in 2024 as part of Hong Kong's stablecoin sandbox initiative for digital payments and financial infrastructure.
Within the DeFi Intel graph, Standard Chartered Animoca HKT consortium connects to 2 tracked entities, most strongly to HKMA, HKMA Stablecoin Issuer Sandbox.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
regulated_by | HKMA | 86% |
complies_with | HKMA Stablecoin Issuer Sandbox | 86% |
Frequently asked questions
What is the Standard Chartered Animoca HKT consortium?
The Standard Chartered Animoca HKT consortium is a joint venture among Standard Chartered Bank, Animoca Brands, and HKT to issue a regulated, fiat-backed stablecoin in Hong Kong.
Who regulates the Standard Chartered Animoca HKT consortium?
The consortium is regulated by the HKMA (Hong Kong Monetary Authority).
What initiative is the Standard Chartered Animoca HKT consortium part of?
The consortium complies with the HKMA Stablecoin Issuer Sandbox, which was part of Hong Kong's stablecoin sandbox initiative for digital payments and financial infrastructure announced in 2024.