AXG Partners with Standard Chartered for Hong Kong’s First G-SIB Institutional Crypto Custody

HONG KONG — May 27, 2026 — AXG, a leading digital asset financial services provider, today announced the successful completion of the first-ever institutional cryptocurrency custody transaction in Hong Kong to be powered by a Global Systemically Important Bank (G-SIB). Standard Chartered facilitated the historic custody service on behalf of AXG, marking a significant milestone in the city’s regulated digital asset market and reinforcing Hong Kong’s ambition to be a global digital finance hub.

This achievement represents the culmination of sustained engagement with regulators, market infrastructure providers and technology partners to shape and navigate opportunities in Hong Kong’s evolving digital assets landscape. It follows the steady progress Standard Chartered and AXG have made in aligning operational, custody and governance standards with regulatory expectations, enabling this market-first delivery.

Standard Chartered plays a pivotal role in the custody framework, leveraging its established infrastructure, robust risk management capabilities and deep digital asset expertise to provide secure institutional-grade safekeeping of crypto assets. The solution is tailored to the needs of regulated financial institutions and professional investors, while aligning with the city’s strong foundations of trust, compliance and institutional standards on asset protection, segregation and operational resilience.

Dr. Thomas Zhu, Co-Founder and CEO of AXG, said, “Partnering with Standard Chartered has been instrumental in bringing this landmark custody solution to life. Their deep experience in custody, risk management and regulatory engagement has given us the confidence to move forward in a complex and fast‑evolving market. This marks an important step not just for AXG, but for the broader digital asset ecosystem in Hong Kong.”

Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered, said, “This milestone reflects the progress Hong Kong is making in building a robust and well‑regulated digital asset environment, and underscores the importance of collaboration between banks, clients, regulators and the wider ecosystem in bringing institutional use cases to life. Through our close partnership with AXG and ongoing engagement with regulators, we are demonstrating how the ecosystem can work together to responsibly scale digital asset adoption at pace. Together, we are proud to deliver this market‑first initiative and support Hong Kong’s ambition to be a leading global digital finance hub.”

Margaret Harwood-Jones, Global Head of Financing & Securities Services, Standard Chartered, said: “As digital assets move from experimentation to institutional adoption, trusted custody becomes a critical foundation. This market‑first initiative with AXG demonstrates how institutional‑grade custody, built to high standards of asset protection, governance and operational resilience, can support the safe participation of regulated institutions in the digital asset market. By working closely with clients, regulators and ecosystem partners, we are building scalable infrastructure that supports the long‑term and responsible growth of digital assets in leading financial centres such as Hong Kong.”

About AXG

AXG is a leading global regulated fintech company. Established in 2016, AXG combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform.

Guided by the mission “Mobilizing Tokens 24/7”, AXG operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.

Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, AgentX, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.

For more information, visit www.alloyx.com.

About Standard Chartered

We are a leading international banking group, with a presence in 54 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

The history of Standard Chartered in Hong Kong dates back to 1859. It is currently one of the Hong Kong SAR’s three note-issuing banks. Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC. 

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