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Ripple backs UK tokenization plan, could add £33B to economy by 2035

Market News
13 Jul 2026
Crypto Briefing
View Source
Bullish
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Ripple supports the UK's new tokenization strategy aimed at digitizing securities and financial assets, which could boost the UK economy by £33 billion annually by 2035. This initiative is part of the UK's Wholesale Financial Markets Digital Strategy and is supported by reports from Barclays and PwC highlighting improved efficiency in asset movement. Ripple's endorsement aligns with UK regulatory efforts to lead in tokenized finance, with ongoing consultations by the Bank of England and Financial Conduct Authority. Market watchers will look for the UK's cross-authority roadmap later in 2026 for clearer regulations, which may influence XRP demand and market perceptions.

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