Standard Chartered Bank (Hong Kong) Limited (SCBHK) has set up a consortium, the Anchorpoint Financial Limited in Hong Kong, along with the Animoca and HKT brands, with the aim of building a business model that focuses on the version and progress of stables.
Anchorpoint stated an official interest with Hong Kong’s Monetary Authority (HKMA) to apply for Stablecoin Publishing Authorization on August 1, 2025, when Stablecoins decree came into force.
Mary Huen, Managing Director, Hong Kong and Great China and North Asia, Standard Chartered, said:
“Standard Chartered is pleased to create Anchorpoint alongside our strategic partners, Animoca and HKT brands, with a vision to bring an innovative, effective and secure medium to Hong Kong and facilitate the ease of transaction and expand the use of digital data. Digital assets. “
SCBHK, Animoca and HKT brands participated in HKMA Stablecoin Sandbox, which began in July 2024 to explore how Stablecoins can play a key role in the development of financial markets and payments with web3 bridges and the traditional economy. World Digital Asset.