HKMA Advances Project Ensemble, Ensemble TX Supports 24/7 Settlement with Tokenized Central Bank Money
HKMA advances Project Ensemble pilot phase to 24/7 settlement in tokenised Central Bank Money
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HKMA announced that Ensemble TX, the pilot phase of Project Ensemble, has added around-the-clock interbank settlement capabilities, supporting the settlement of tokenized deposit transactions with tokenized central bank money. The number of participating banks has increased to 12, while the number of industry pioneers has risen to 20; the pilot previously used the HKD RTGS system for interbank settlement.
Ensemble TX extends interbank settlement to around-the-clock operations and discloses the number of participating banks and industry pioneers, showing changes in the coverage of Hong Kong’s tokenized transaction infrastructure.
Source:HKMA — Press releases (English) · hkma.gov.hk