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.
Tracking 145 institutions across 11 jurisdictions · 29 live deployments · Singapore, Hong Kong, Japan and Korea covered in depth
Live wire
Updated 30 July 2026- Partior and OpenAssets run stablecoin clearing proof of concept using tokenised deposits
Partior , the multi currency tokenized deposit network involving several systemically important banks, has run a proof of concept with OpenAssets to clear and settle stablecoin...
- Anchorpoint and Standard Chartered to launch HKD stablecoin HKDAP within weeks
According to local media citing market sources, Standard Chartered Bank (Hong Kong) and Anchorpoint Financial Technology are expected to announce the rollout of HKDAP, a Hong…
- Standard Chartered frames collateral mobility as tokenisation's standout trade use case
Are we closer to tokenisation in trade?
- Project Agorá Completes First Live Transactions, Settling CHF 800,000 Across Six Currencies
The Bank for International Settlements (BIS) has published results showing that Project Agorá, the initiative exploring how tokenization can improve wholesale cross border...
Bank of Korea prepares live CBDC transactions with 9 banks in September
- The Bank of Korea confirmed on 20 July 2026 that the second phase of its CBDC pilot moves to real-transaction testing in September with 9 banks, including KB Kookmin, Shinhan, Hana, and Woori, issuing deposit tokens on central bank infrastructure with commercialisation as the stated goal.
- Korea's ruling Democratic Party committed on 20 July 2026 to reintroducing the won-stablecoin bill in September with fortnightly subcommittee reviews, with the bank-consortium 51 per cent rule as the stall point and the US GENIUS Act's January 2027 implementation as the explicit competitive pressure.
- Mubadala Capital tokenised one of its evergreen private markets strategies via KAIO across Base, Solana, and Sui, drawing roughly $75 million onchain as of 23 July 2026, with Coinbase taking exposure on its own corporate balance sheet.
The markets
Asia first, then reference markets · flip a tile for highlights
Institutions tracked
Asia and global · 17 marks, each links to a profile
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 Sunday evening Singapore time: the week's material developments by desk, and what's worth watching next.