The transaction gives the South Korean broker-dealer full economic exposure to a digitally native note issued by a well-rated financial institution, without requiring any changes to its existing operational or settlement infrastructure.
Hana said the deal aligns with its long-term strategy to participate in technology-led capital markets innovation.
The digitally native note is listed on the London Stock Exchange’s International Securities Market and settles on a T+0 basis via Euroclear’s Digital Financial Market Infrastructure, which uses distributed ledger technology to enable fully digital issuance, distribution and settlement.
Standard Chartered acted as the total return swap provider, leading the structuring and execution of what the parties described as a pioneering transaction tied to a digital asset.
The deal allows Hana to participate in a digital product through a synthetic structure, lowering operational barriers while accessing new investment opportunities.
Hana said the transaction positions the firm among leading Korean participants in the digital bond space, supporting its ambition to develop next-generation capital markets products and new digital funding channels.
Chief executive Seong Muk Kang said the trade reflected growing investor appetite for technologically advanced financial instruments, while Standard Chartered highlighted rising demand for digitally native notes as a source of tangible efficiency gains in financial markets.
