TechFlow, Nov 19 — According to Bloomberg, HSBC Holdings Ltd. will begin offering tokenized deposit services to corporate clients in the U.S. and UAE in the first half of next year. Manish Kohli, head of global payments solutions at HSBC, said in an interview that the tokenized deposit service enables customers to make domestic and cross-border transfers within seconds, available around the clock rather than limited to business hours. The system can help large enterprises better manage liquidity.
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