Ant Digital Technologies partners with Hong Kong Monetary Authority's Project Ensemble Sandbox for developing central bank digital currency.

Ant Digital Technologies, a subsidiary of Ant Group, has joined Hong Kong Monetary Authority's Project Ensemble Sandbox, a key component of the city's wholesale central bank digital currency (wCBDC) project. The Sandbox aims to support the development of Hong Kong's tokenization market and offers asset tokenization services and facilitates DvP transactions for traditional assets and tokenized deposits. Ant Digital Technologies has contributed to building the Tokenized Asset Platform within the Sandbox, developing use cases in the "Green and sustainable finance" and "Trade and supply chain finance" sectors.

August 28, 2024
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