DeFi Intel

UK taps BlackRock, Ripple, Barclays and other major firms for tokenization taskforce

The UK's initiative could revolutionize financial markets, enhancing efficiency and transparency while potentially reshaping global finance dynamics.

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Led by Wholesale Digital Markets Champion Chris Woolard with HM Treasury backing, the 54-firm taskforce gives nine action groups a 12-month deadline to deliver a live end-to-end tokenized repo.

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