Catenaa, Friday, November 07, 2025- Standard Chartered CEO Bill Winters said the global financial system is heading toward a “complete rewiring,” predicting that nearly all transactions will eventually settle on blockchain networks.
Speaking at Hong Kong FinTech Week, Winters said the transition to digital money will define the next era of finance but will take years of cooperation among regulators, governments, and the private sector.
Standard Chartered has expanded its blockchain initiatives, including tokenization pilots and a Hong Kong dollar-backed stablecoin in partnership with Animoca Brands and HKT.
The bank’s efforts align with Hong Kong’s ambition to become Asia’s leading digital asset hub.
SC Ventures, the bank’s innovation arm, plans to launch a $250 million digital asset fund next year targeting tokenization and regulated blockchain opportunities, backed by investors in the Middle East.
It also aims to establish a $100 million Africa fund and is exploring a venture debt fund.
Standard Chartered operates digital custody and trading platforms in several markets, including Luxembourg and Dubai, under newly obtained crypto licenses.
