/T2Bank / FMI🌏APAC
Suhyup Bank starts a tokenised deposit FX remittance proof of concept on Partior with SOOHO.IO (Project Namsan Phase 2)
SOOHO.IO announced on 11 November 2026 that it is starting Project Namsan Phase 2 with Korea's Suhyup Bank, a proof-of-concept programme that tests FX remittance on Partior, the multi-bank settlement network that is production-live in USD, EUR and SGD using tokenised commercial bank deposits as the settlement asset; several other Korean financial institutions are in talks to take part. Phase 2 widens the programme from domestic payments and settlement to cross-border remittance and settlement using tokenised deposits, with each institution's FX and overseas remittance teams running the full flow from payment initiation to settlement finality, including exceptions. The release states that the programme is a proof of concept, not a production service, and that KRW is not live on Partior today.
Partior