TLDR Tech / Crypto
UK Outlines tokenized finance roadmap
The UK's Wholesale Digital Markets Champion published a roadmap projecting tokenized wholesale markets could add £33 billion in annual economic output and £14 billion in tax revenue by 2035, provided the country moves quickly. Recommendations include prioritizing first issuance under the Digital Gilt Instrument (DIGIT) pilot by Q1 2027, expanding tokenized collateral use, and building payment rails for settling tokenized assets and stablecoins. The report estimates the global tokenized asset market could reach $88 trillion by 2035, and industry figures from Ripple and Banking Circle welcomed the plan while stressing payment infrastructure must modernize alongside it.
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