Investment

Features

Fees Safety

Academy

Pluang+

Home/News Feed/UK forms 54-firm taskforce to scale tokenization in wholesale financial markets

RPL

Rp32,555

-Rp1,006 -3.00%

UK forms 54-firm taskforce to scale tokenization in wholesale financial markets

Market News

13 Jul 2026

Crypto Briefing

View Source

Bullish

The UK government has launched a taskforce of 54 major financial firms, including BlackRock, Ripple, and Goldman Sachs, to advance tokenization across wholesale financial markets. The initiative aims to transition from pilot projects to live tokenized markets, enhancing market efficiency, liquidity, and innovation. The taskforce will focus on delivering a practical blockchain-based repo use case and address legal, regulatory, and interoperability challenges. Tokenization is projected to add up to £33 billion annually to the UK economy by 2035, supported by a global tokenized assets market expected to reach $88 trillion.

More News (RPL)

Ripple VP to speak at XRP Seoul 2026 amid growing XRP Ledger momentum

Markus Infanger, RippleX's senior vice president, will speak at XRP Seoul 2026 during Korea Blockchain Week on October 3. The event gathers XRP holders, developers, and projects worldwide, reflecting growing activity and ecosystem expansion in the XR...

Protocol Fundamentals

Bullish

1 day ago