UK Unveils Wholesale Tokenization Strategy Targeting £33 Billion Economic Boost by 2035

UK Unveils Wholesale Tokenization Strategy Targeting £33 Billion Economic Boost by 2035

The United Kingdom has launched a comprehensive strategy to advance tokenized finance within its wholesale markets, projecting an annual economic uplift of up to £33 billion by 2035. Backed by Ripple and a coalition of 54 industry participants, the initiative establishes a framework for live testing tokenized settlements and custody solutions. The collaborative effort aims to modernize core financial infrastructure, enhance market efficiency, and cement the UK’s position as a leading hub for digital asset innovation.

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