UK Doubles Down on Financial Tokenization With Wall Street Leaders
UK Doubles Down on Financial Tokenization With Wall Street Leaders BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley, HSBC and UBS are joining the U.K. government’s tokenization taskforce. Backed by the City of London Corporation, the initiative will spend the next year testing live tokenization use cases in UK financial markets, starting with tokenized repo. The goal is clear: bring tokenization deeper into traditional finance and keep London competitive as the race for RWA infrastructure accelerates. According to a BCG estimate, the tokenized real-world assets market could reach $88 tril…
The excerpt is quoted from a public Telegram channel, which owns its text.