Purchased chain brand/model as mentioned above and the shops guy measured correct (enough) - it was 7.75 mm and thus compatible with bicycle sprocket teeth shapes.
Today I made such Regina 420 Urban chain on length (105 links + 1 closing link), using a YC-324 chain tool bought from UK Velosolo. Despite it is specified for 3/16" bicycle chains, it was usable / worked for this motorcycle 420 chain, with 1 problem though: the pin jammed in the base plate hole of the tool - I had to hammer it back out with a punch.
Apparently, the pin diameter of the 420 motorcycle chain is bigger than the one of a bicycle chain, rather surprising because since the roller outer diameter is the same, either roller inner diameter must be bigger (so thinner roller) either bushing thinner. I looked it up and found a 3.57 mm pin diameter for bicycle, and 3.94 mm for motorcycle 420 chain.
So the chain tools hole must have been deformed (to bigger) - I measured the pin and it still was the same.
An option is to drill out (to 4 mm - since a standard drill size) the chain tool and reserve it for these 420 motorcycle chains.
I didn't try to mount the chain yet, I need the bike nearly daily so it's something for an occasion early in the weekend, so that I have time to test ride. Also, I want to replace all 3 drivetrain parts same time - not mix worn / new.
The last potential problem is chain > frame clearance.
Due to the excessive chainline, with the hub moved 5 mm away from the center towards the dropout, and the rear sprocket / cog moved a further 5 mm away from the IS disc brake mount, there is little free room.
My current chain (Gusset bmx model "Tank" pin length is 11.6 mm, this Regina 420 Urban chains pin length is 16.1 mm, so the latter is 4.5 mm wider thus 2.25 mm more room to 1 side.
Since the inner width increased from 3.175 mm doubled to 6.35 mm, the motorcycle 420 chain has 3.175 mm sideways play on a sprocket meaning that the total possible sideways space requirement to one side is 3.175 + 2.25 = 5.425 mm.
I just checked and this distance could be too much.
In case, one option is to reduce the cogs total spacers from 5 to 4 or 3 mm, the chainline will be off by the same but since the motorcycle chain will have 3.175 mm sideways play on the sprocket teeth, the chain has room to move towards the shortest / straigth running path.
And finally, if above works out, the motorcycle usable, an eventual wear benefit will come at the cost of a harder to pedal bicycle.
A Gusset bicycle bmx Tank chain link weights 550 gr / 102 = 5.4 gram / link.
A Regina 420 Urban chain link weights 965 gr / 134 = 7.2 gram / link.
That's 1/3 more weight to pedal 'round.
Good for training.
An option is to compensate this along a lower gear, now 47/16, to 46/16. Wear related benefit could be back to the even numbers of teeth (as Yellow Saddle explained in a post somewhere - allowing links to wear in and thus mesh properly with sprocket teeth) I had with 48/16 - the ratio I dumped due to integer and thus wear concentrating, unlike 46/16.