What happened
- Specific facts/numbers: The companies said on July 30, 2026 that they completed a joint proof of concept demonstrating atomic delivery-versus-payment between digital assets, regulated stablecoins and commercial tokenised deposits, with the stated goal of supporting a scalable path to 24/7 atomic settlement.
- Institutions involved: Partior, a bank-backed global settlement infrastructure platform, and OpenAssets, a digital asset infrastructure provider, were the two named participants in the proof of concept.
- Regulatory/technical context: The announcement frames the problem as digital assets, stablecoins and commercial bank money operating in separate settlement environments; the PoC linked OpenAssets’ infrastructure with Partior’s commercial tokenised deposit network to enable simultaneous exchange designed to reduce principal and counterparty settlement risk.
- What to watch next: Watch for any move from proof of concept into production deployments, additional bank/FMI participation, or formal regulatory approvals; no specific next milestone was identified in the materials reviewed.
Why it matters
If commercial tokenised deposits can interoperate atomically with digital assets and regulated stablecoins, institutions could reduce settlement friction, reconciliation work and counterparty risk in always-on transaction flows.
HKMA Relevance
Indirect: The work is part of the broader institutional tokenisation and settlement-infrastructure trend that could influence how Hong Kong banks and the HKMA assess tokenised deposits and interoperable payment rails.
Story details
Sources
- Primary source: https://partior.com/news-and-insights/openassets-and-partior-complete-proof-of-concept-demonstrating-atomic-delivery-versus-payment-with-tokenised-deposits-as-the-settlement-asset
- Secondary source: https://www.finextra.com/newsarticle/48180/partior-and-openassets-poc-proves-stablecoins-and-tokenised-deposits-can-settle-atomically