Asia's institutional read on tokenisation.
Track Asia's developments on every front, stay ahead of the global moves reaching you next, and build from a foundations-to-playbooks reference library that makes the market legible.
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Tracking 150 institutions across 11 jurisdictions · 29 live deployments · licences mapped across 16 jurisdictions · Singapore, Hong Kong, Japan and Korea covered in depth
Institutions tracked
Asia and global · 17 marks, each links to a profile
Live wire
Updated 28 August 2026UOB and HSBC complete live tokenised deposit transfer on Swift blockchain ledger
UOB and HSBC have completed live cross border transactions in Hong Kong dollars on Swift ‘s blockchain based ledger, making UOB the first Singapore headquartered bank to go live...
Reported by: Ledger Insights · UOB newsroom
Visa Secures Second Korean Stablecoin Partnership in One Week, This Time With Dunamu
Visa has signed a strategic partnership with Dunamu , the operator of South Korea’s largest crypto exchange Upbit, to explore stablecoin payments, global remittances and AI…
Reported by: Ledger Insights · Coindesk Markets desk
ECB's Pontes DLT settlement platform set for September go-live
ECB Executive Board member Piero Cipollone yesterday confirmed the Eurosystem plans to go live in September with Pontes , its solution for settling DLT transactions in central...
BIS warns stablecoin group structures evade activity limits as US charters expand
The Bank for International Settlements’ Financial Stability Institute (FSI) published a brief this week comparing stablecoin issuance rules across the European Union, Hong Kong,...
ECB's Schnabel Argues Central Banks Must Go On-Chain for Tokenised Finance
The People's Bank of China to issue Renminbi Bills through HKMA's Central Moneymarkets Unit
- The European Central Bank named the first four DLT operators for Project Pontes ahead of its 21 September 2026 go-live, Axiology, Clearstream, Cashlink, and SWIAT, and revealed the 61-member Appia contact group that will steer the EU's future market infrastructure, including stablecoin issuers Qivalis and Societe Generale Forge alongside Euroclear, Swift, and Fnality.
- HSBC and Standard Chartered executed the first live tokenised deposit transfer across Swift's blockchain ledger, breaking the single-bank silo that has confined tokenised deposits to same-bank transfers, a month after Swift's minimum viable product went live with 17 banks preparing to pilot.
- The People's Bank of China will issue Renminbi Bills through the HKMA's Central Moneymarkets Unit, routing sovereign RMB liquidity through Hong Kong's settlement infrastructure, while China expanded its digital RMB bank roster to 30 institutions and added 8 more banks to the e-CNY network this week.
The markets
Asia first, then reference markets · flip a tile for highlights
Licensing
Full matrix by activity →Which licence a stablecoin or tokenisation operator needs, jurisdiction by jurisdiction, every cell sourced or marked research-needed.
Learn and reference
the library beneath the newsPlaybooks and perspectives
Decision-support for the call you are making, with opinion where the read could be wrong.
The wiki and data
Jurisdictions, institutions, projects, and themes, plus the sourced data series.
Foundations
The core model: what tokenisation is, why it matters, the concepts everything else builds on.
Mechanics
The technical layer beneath Foundations: token standards, custody, finality, the implementation detail.
Asia-first tokenisation coverage, distilled to one email. Every Monday morning Singapore time: the week's material developments by desk, and what's worth watching next.