[HSBC Launches Cross-Border Tokenized Deposit Service] Odaily Planet Daily reports that HSBC Holdings has launched a tokenized deposit service to enable its corporate clients to securely transfer funds across borders. According to a statement released on September 22, the British bank completed its first cross-border USD transaction between Hong Kong and Singapore this month using blockchain technology. HSBC stated that this cross-border transaction builds on its existing domestic payment products, which were first introduced earlier this year in Hong Kong and Singapore, and later expanded to the UK and Luxembourg to support other currencies, including GBP and EUR.