Ant International has become the initial client to use HSBC’s tokenised deposit service in Hong Kong, a platform that applies distributed ledger technology to corporate payments.

The XRP Ledger has moved towards its next phase of development, focusing on institutional finance use cases that combine lending, compliance, and privacy.

XRP Ledger has partnered with Linklogis to optimise China’s supply chain finance, enabling tokenization, instant settlement, and global trade efficiency.

SWIFT has started testing Ripple’s XRP Ledger and Hedera’s Hashgraph for blockchain-based cross-border payments to optimise efficiency and interoperability.

Malaysia-based AI-driven digital bank Ryt Bank has partnered with Episode Six, a global technology provider of enterprise-grade card issuing and ledger infrastructure.

CryptoSwift, a Travel Rule infrastructure provider for virtual asset service providers (VASPs), has partnered with Global Ledger, a player in blockchain analytics and crypto AML compliance.