Bank · United Arab Emirates

Mashreq

Mashreqbank PSC · mashreq.com (opens source in new tab)

Crypto readiness score

Insufficient data

1/3 status dimensions verified · 1 initiative · last verified 2026-11-01

#66 of 107 banks in the activity leaderboard →

Only 1 of 3 status dimensions (commercial, regulatory, technical) are verified for this institution; at least 2 are required before a score is shown. We show this rather than guess.

Score breakdown

How the number above is built — every input is a verified tracker status with a dated source.

Readiness score breakdown
Component	Weight	Points	Basis (verified input)
Commercial availability	35	—	No verified status — not scored
Regulatory standing	25	—	No verified status — not scored
Technical delivery	20	15	Live — restricted / specific counterparties · initiative
Product breadth	15	5	1 product category with a verified status: Tokenized deposits
Recent verified activity	5	5	Last verified change 2026-08-20

Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology

Initiatives (1)

Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.

Tokenized deposits · Global
Swift shared blockchain ledger for tokenised-deposit cross-border payments
regulatory
Unknown
technical
Live — restricted / specific counterparties2026-08-20
commercial
Unknown
Swift said its blockchain ledger was ready for initial use with 17 banks preparing tokenised-deposit cross-border payment pilots; HSBC and Standard Chartered then executed a first live transaction, and DBS, OCBC and UOB completed live domestic Singapore dollar tokenised deposit transactions on the ledger (10 Sep 2026). Mashreq said on 5 Oct 2026 it had completed a live transaction with Citi on the ledger.
Scope: 17 participating banks.
In tracker · last verified 2026-11-01

Licences & registrations

Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).

No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.

Partners & providers

From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map

Swift · joint initiative (tracker)
Swift shared blockchain ledger for tokenised-deposit cross-border payments — Swift (opens source in new tab)
HSBC · joint initiative (tracker)
Swift shared blockchain ledger for tokenised-deposit cross-border payments — Swift (opens source in new tab)
Standard Chartered · joint initiative (tracker)
Swift shared blockchain ledger for tokenised-deposit cross-border payments — Swift (opens source in new tab)
DBS · joint initiative (tracker)
Swift shared blockchain ledger for tokenised-deposit cross-border payments — Swift (opens source in new tab)
OCBC · joint initiative (tracker)
Swift shared blockchain ledger for tokenised-deposit cross-border payments — Swift (opens source in new tab)
UOB · joint initiative (tracker)
Swift shared blockchain ledger for tokenised-deposit cross-border payments — Swift (opens source in new tab)
Citi · joint initiative (tracker)
Swift shared blockchain ledger for tokenised-deposit cross-border payments — Swift (opens source in new tab)
Swift · co-named in verified item
Mashreq completes live tokenised deposit transaction with Citi on Swift's blockchain ledgerMashreq, a leading financial institution in the MENA region, has successfully completed a live transaction with Citi using Swift’s blockchain ledger infrastructure, marking an important step in the evolution of always-on cross-border payments.

Regulator records & actions

None in our verified data.

Timeline

Status changes (tracker history), verified items and regulatory dates, newest first.

2026-10-05 · Item
Mashreq completes live tokenised deposit transaction with Citi on Swift's blockchain ledger
Mashreq
2026-09-10 · Item
DBS, OCBC and UOB complete first live Singapore dollar tokenised deposit transactions on Swift's ledger
OCBC
2026-08-20 · Status
Swift shared blockchain ledger for tokenised-deposit cross-border payments: technical Developing / partnership established → Live — restricted / specific counterparties (opens source in new tab)
First live bank-to-bank tokenised deposit transaction (HSBC–Standard Chartered). A single live transaction; not commercial availability.
2026-08-20 · Item
HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift's blockchain
HSBC
2026-07-08 · Status
Swift shared blockchain ledger for tokenised-deposit cross-border payments: technical Developing / partnership established (opens source in new tab)
Ledger ready for initial use.
2026-07-08 · Item
Swift's blockchain ledger ready for initial use as 17 banks prepare tokenised cross-border payments
Swift

Full coverage for Mashreq · Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections

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Bank initiatives, licences and status changes like the ones on this page land in the brief the week they are verified.