Crypto
UK bets on digital gilts, seeks up to 33 billion pounds a year in economic gains through tokenisation
Britain could generate annual economic gains of up to 33 billion pounds by 2035 if it becomes a global leader in tokenised finance, a projection said. The UK government aims to issue its first digital gilt in 2027 and accelerate the build-out of market infrastructure linking tokenised bond issuance, trading and settlement. A policy report proposes blockchain trials for repo transactions and urges recognition of digital gilts as central bank collateral to support secondary-market activity.