Bank & market adoption
OCBC and Ant International launch 24/7 tokenised deposit treasury transfers
APACSource: OCBC
- OCBC said on 7 October 2026 that it has become the first bank to collaborate with Ant International on a tokenised deposit solution for always-on treasury management and liquidity movement between Singapore and Malaysia.
- To start, Ant International can mobilise SGD- and USD-denominated tokenised deposits on a 24/7 basis for near real-time settlement of treasury transactions between its entities; the solution is powered by OCBC's blockchain capabilities and delivered through Ant International's WhaleRTP platform.
- OCBC said the launch builds on its September 2026 cross-border US dollar tokenised deposit transaction with Citibank on Swift's ledger.
Why it matters
The launch puts bank-issued tokenised deposits into a live corporate treasury flow outside banking hours, with the bank's tokens delivered through a client-operated platform (WhaleRTP) rather than a bank-owned network.
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More detail
Who is affected
OCBC and Ant International and its businesses (intra-group treasury and liquidity management between Singapore and Malaysia).
Key dates
- Tokenised deposit solution with Ant International announced
What remains uncertain
- The release does not state transaction volumes, which blockchain the tokens run on, or whether the solution will be offered to other corporate clients.
Adoption status
- LiveOCBCSGD and USD tokenised deposits for Ant International intra-group treasury transfers between Singapore and Malaysia (via WhaleRTP)
Key facts
- Event
- Product launch
- Jurisdiction
- APAC
- Source
- OCBC
- Source tier
- Tier 2 · Bank / FMI
- Product
- Tokenized deposits
How we verified this
The source says
“For a start, Ant International will be able to mobilise SGD- and USD-denominated tokenised deposits on a 24/7 basis, enabling near real-time settlements of treasury transactions between its entities.”
“In September 2026, OCBC completed Southeast Asia’s first cross-border tokenised deposit transaction in US dollars on Swift’s ledger with Citibank.”
“First bank to collaborate with Ant International on a tokenised deposit solution enabling 24/7 treasury management and liquidity movement across Singapore and Malaysia.”
“Tokenised deposits are digital representations of commercial bank deposits on a distributed ledger.”
Verbatim from OCBC, matched word for word against the live page on 31 October 2026.
Sources
- Official institutionalOCBC ↗2026-10-07T2Bank / FMI
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-10-31 20:01 UTC
- Archived snapshot
- SHA-256
ee00a35a8994c411…· fetched 2026-10-30 · Wayback Machine copy ↗ - Source type
- Official institutional OCBC ↗
Change log (1)
- 2026-10-30 Published
AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.
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