Anchorpoint partners with Solana Foundation for HKDAP expansion

Anchorpoint Financial, a joint venture involving Standard Chartered Bank (Hong Kong), HKT, and Animoca Brands, has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain.

The collaboration aims to enable native minting and redemption of HKDAP on the Solana network to support retail payments, tokenized asset trading, and transactions requiring fast settlement. Anchorpoint intends to work with Solana’s ecosystem of wallets and applications to increase accessibility, though a specific launch date has not been announced.

The Solana Foundation will join Anchorpoint’s Tokenised Money Adoption Programme as a strategic partner, following the participation of PwC. While HKDAP has been in institutional beta on Ethereum since August 2026, a broader rollout including retail users is anticipated to depend on operational readiness, with some projections suggesting late 2026 for wider availability.