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

The 54 firm-strong group, which is backed by the City of London Corporation, will spend the next year working on live tokenisation use cases across UK financial markets

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