UK taps 54 firms including Goldman Sachs, BlackRock, Coinbase, and Ripple to accelerate wholesale market tokenization by 2035.

UK taps 54 firms including Goldman Sachs, BlackRock, Coinbase, and Ripple to accelerate wholesale market tokenization by 2035.

A Treasury-backed report targets putting repo, gilts and funds onchain within two years, and warms to permissionless networks that firms like Ripple have been building on.

Industry leaders say payment infrastructure must evolve alongside tokenized assets to enable real-time settlement.

A UK government-backed digital markets taskforce has brought together 54 financial firms to develop live tokenization use cases.