As of August 2026, Anchorpoint Financial has named five authorised distributors for HKDAP, its Hong Kong dollar-backed stablecoin. In doing so, institutional and professional investors can find their route into the token during its beta phase.
The Anchorpoint HKDAP authorised distributors list currently covers Finloop, Hashkey, OSL, Standard Chartered Hong Kong and Yunfeng Financial.
The rollout follows a phased approach that Anchorpoint set out. Anchorpoint’s CEO, Dominic Maffei, has shared that the first rollout phase aims to “support the development of commercial applications that demonstrate the value of regulated tokenised money in real-world settings”. This includes payments and settlement use cases.
But what is each authorised distributor providing?
Last updated: 3 September 2026
The Full List of Anchorpoint’s HKDAP Authorised Distributors
The five companies below currently reflect the full list of Anchorpoint’s beta-phase distributors. Anchorpoint has shared that it may add partners as HKDAP moves towards a fuller launch later in 2026.
1. Finloop Finance Limited
Finloop Holding’s subsidiary, Finloop Finance Limited (Finloop), joined the HKDAP Beta Access. The company aims to offer services to eligible institutions, corporate users, and professional investors soon.
During the Beta Access for HKDAP, Finloop and Anchorpoint will be exploring commercial use cases like cross-border payments, trade finance and RWA tokenisation.
2. Yunfeng Financial
Yunfeng Financial Group Limited recently announced that the group’s company, Yunfeng Securities Limited, is also formally participating in the HKDAP Beta Access through Anchorpoint.
Yunfeng Financial aims to create a compliant institutional distribution pathway for HKDAP, which is expected to enhance the Group’s digital-finance offering while supporting eligible institutions and professional investors in gaining access to regulated tokenised money.
3. Standard Chartered
Standard Chartered Bank (Hong Kong) Limited became the first bank distributor of HKDAP. The bank has shared that it is actively engaging with eligible institutional clients and partners to include HKDAP in their business activities.
Standard Chartered’s initial use cases comprise tokenised money market fund subscription and settlement, intragroup settlement activities and cross-border payments.
4. HashKey Exchange
HashKey Exchange’s partnership with Anchorpoint aims to bring together HashKey’s capabilities as a licensed digital asset trading platform with Anchorpoint’s issuance capabilities.
Eligible institutions and professional investors will be able to access HKDAP via HashKey’s app platform as well as other supported channels. HashKey has also previously shared that it has completed its first HKDAP minting and redemption transaction with eligible clients, which includes fiat on- and off-ramp capabilities between fiat currency and HKDAP.
The company has shared that additional access channels and use cases will be introduced as and when operational readiness and market demand evolve.
HashKey Exchange has also partnered with OneDegree’s commercial insurance arm, OneInfinity, to expand the commercial and financial applications of HKDAP.
5. OSL Group
OSL Group was one of the first authorised distributors listed under the Anchorpoint HKDAP. OSL aims to ensure that eligible clients would be able to access on- and off-ramp, trading, exchange, as well as settlement services between HKDAP and fiat currency, all through OSL HK.
The immediate focus is towards tokenised funds, trade finance, as well as cross-border payments.
Frequently Asked Questions (FAQs)
What is Anchorpoint HKDAP?
HKDAP stands for “HKD At Par.” It is a Hong Kong dollar-pegged stablecoin with a par value of HK$1, backed by a pool of reserves that Anchorpoint describes as high-quality and highly fluid.
Anchorpoint is licensed to issue HKDAP. In April 2026, the HKMA granted Anchorpoint one of the territory’s first stablecoin issuer licenses under the Stablecoins Ordinance. The other company provided with this license is HSBC Hong Kong.
Anchorpoint Financial Limited was set up in February 2025 as a joint venture between Standard Chartered Bank (Hong Kong) Limited, HKT and Animoca Brands.
What does an authorised distributor do?
According to Anchorpoint’s website, under Anchorpoint’s B2B2C model, authorised distributors are crucial in providing users like individuals, corporates and institutions access to HKDAP.
Companies that are appointed to be authorised distributors have to be trusted access points which, for example, maintain customer-facing channels for their registered users to gain access to and convert HKDAP.
How many authorised distributors for HKDAP are there under Anchorpoint?
As of August 2026, there are five authorised distributors which have provided live access to HKDAP after Anchorpoint announced the launch of its Beta Access. These are Finloop, HashKey, OSL, Standard Chartered and Yunfeng Financial.
Featured image by Fintech News Hong Kong