#WholesaleMarkets

7 articles tagged #WholesaleMarkets — curated RWA tokenization coverage.

Hedera Joins BlackRock, Ripple and Chainlink in Shaping UK Tokenised Markets
Infrastructure

Hedera Joins BlackRock, Ripple and Chainlink in Shaping UK Tokenised Markets

The UK Financial Conduct Authority and Bank of England recently published Feedback Statement FS26/1, summarizing 123 industry responses regarding the tokenization of wholesale markets. Major industry players including Hedera, BlackRock, Ripple, and Chainlink participated in the consultation, collectively urging regulators to move beyond temporary sandboxes toward full production environments. Respondents emphasized that interoperability, governance, and auditability are essential for institutional adoption, with a specific focus on improving collateral mobility to reduce excess capital buffers. The regulators confirmed that the Digital Securities Sandbox currently supports scalable live activity and committed to publishing a comprehensive UK wholesale tokenization roadmap later in 2026. This roadmap will establish target dates for various workstreams, including the integration of central bank money settlement by 2028. Hedera’s involvement is particularly notable due to its existing track record with FCA-regulated exchange Archax, which has already issued tokenized money market funds on the network. As the UK prepares for the first Digital Gilt Instrument issuance on HSBC Orion in 2027, the alignment between private blockchain protocols and government infrastructure remains a critical driver for the market. This collaborative effort signals a shift toward permanent regulatory authorization for tokenized financial assets in the United Kingdom.

coingape.com·Sep 16, 20268.5
Lucy Rigby Advocates for Tokenization of Wholesale Markets
Infrastructure

Lucy Rigby Advocates for Tokenization of Wholesale Markets

Lucy Rigby, Economic Secretary to the UK Treasury, recently emphasized the urgent necessity of transitioning wholesale financial markets toward tokenization during a UK Finance event. She argued that the industry has moved past the theoretical debate of whether tokenization will occur, shifting the focus entirely to the timing of its implementation. To achieve scalable solutions, Rigby highlighted that deep collaboration between private industry, government bodies, and regulators is essential. The UK Treasury is currently prioritizing the establishment of common standards and a supportive regulatory environment to foster innovation. This push for regulatory clarity and interoperability is viewed as a critical step for the UK to maintain a competitive global position in digital finance. By moving beyond pilot projects, the government aims to integrate tokenized assets into the core of the national financial infrastructure. These developments signal a broader institutional commitment to digital transformation that could fundamentally alter market operations and efficiency. Stakeholders are now closely monitoring these policy discussions as they represent a pivotal shift in the UK's approach to digital asset integration.

cryptonews.net·Sep 10, 20267.0
UK Finance pushes for execution on tokenization as UK progress lags rivals
Infrastructure

UK Finance pushes for execution on tokenization as UK progress lags rivals

UK Finance and Oliver Wyman have released a report highlighting that while the United Kingdom has established the necessary legal and regulatory framework for tokenized wholesale markets, it currently lacks sufficient market activity. The report warns that the UK risks losing its competitive edge in financial services, an industry contributing £290 billion annually to the economy, if it fails to implement tokenization infrastructure faster than rivals in New York, Frankfurt, and Singapore. Industry participants describe the UK's current position as mid-table, emphasizing that the nation is not yet a leader in the global transition to digital assets. To address this, the report urges both the government and private sector firms to accelerate execution rather than focusing solely on policy development. A key milestone identified is the appointment of Chris Woolard as the Wholesale Digital Markets Champion, who is tasked with coordinating a 12-month program across nine action groups. This initiative aims to launch a live tokenized repo trial by Spring 2027 to demonstrate practical utility. The report underscores that failing to act could result in UK firms being forced to operate on financial rails designed and governed by foreign jurisdictions.

ledgerinsights.com·Sep 8, 20267.5
UK FCA prepares tokenized gold framework with major banks
Commodities

UK FCA prepares tokenized gold framework with major banks

The U.K. Financial Conduct Authority (FCA) is actively engaging with major banks and market participants to establish a regulatory framework for tokenized gold. These discussions focus on integrating digital representations of physical gold into wholesale markets, specifically as collateral for uncleared over-the-counter derivatives. This initiative builds upon a May 18 joint policy paper from the FCA and the Bank of England, which recognized the potential benefits of tokenized gold and money market funds. Rather than creating a separate regulatory category, regulators aim to adapt existing wholesale market rules to ensure tokenized assets receive comparable prudential treatment to their conventional counterparts. With London accounting for approximately 70% of global gold trading volume, the move is seen as a strategic effort to maintain the city's competitive edge against rising Asian financial centers. The World Gold Council is simultaneously developing a wholesale digital gold structure known as Pooled Gold Interests to facilitate institutional adoption. While no standalone rulebook exists yet, an announcement regarding these standards is expected within the coming months as part of a broader roadmap for tokenized finance.

crypto.news·Aug 10, 20268.5
HSBC Wins Approval to Enter Digital Securities Sandbox with Orion Launch
Infrastructure

HSBC Wins Approval to Enter Digital Securities Sandbox with Orion Launch

The United Kingdom Treasury has released a report outlining a strategic 12-month roadmap to transition wholesale financial markets toward blockchain-based infrastructure. This initiative focuses on migrating tokenized repo agreements, fixed-income securities, and investment funds from experimental pilot programs into live production environments. Ripple has secured a significant role within this framework, positioning the company as a key technology provider for the U.K.'s digital market modernization efforts. By integrating distributed ledger technology into traditional wholesale operations, the government aims to enhance settlement efficiency and reduce operational friction in capital markets. This development represents a major institutional endorsement of tokenization as a viable mechanism for systemic financial infrastructure. The inclusion of Ripple in this national plan highlights the growing convergence between established financial institutions and enterprise-grade blockchain providers. Ultimately, this move signals a shift toward regulatory and technical standardization for tokenized assets within the British financial ecosystem.

crypto-economy.com·Jul 24, 20268.5
UK bets on tokenization to reinforce London’s financial edge
U.S. Treasuries

UK bets on tokenization to reinforce London’s financial edge

The U.K. government has unveiled a strategic roadmap to establish the nation as a global leader in tokenized financial markets, projecting an additional £33 billion in annual economic output by 2035. Led by HM Treasury’s Chris Woolard and a task force of 54 major financial institutions, the initiative prioritizes the integration of distributed ledger technology into wholesale markets, specifically targeting government bonds, repo markets, and collateral management. The plan recommends the issuance of a digital gilt by early next year and the development of a regular issuance program to modernize capital market infrastructure. By shifting focus from speculative cryptocurrencies to institutional-grade assets, the U.K. aims to reduce settlement times and operational costs while securing £14 billion in new tax revenue over the next decade. Major global players including BlackRock, JPMorgan Chase, and Barclays are participating in this effort to ensure the U.K. remains competitive against jurisdictions like Singapore and the UAE. The report emphasizes that failing to execute this transition risks losing critical liquidity and international standard-setting influence to rival financial hubs. This move underscores a broader global trend where traditional finance increasingly adopts blockchain to enhance transparency and efficiency in the $88 trillion projected market for tokenized real-world assets.

crypto-reporter.com·Jul 21, 20269.0
HM Treasury Spotlights Hedera as UK Tokenization Benchmark in £33 Billion Wholesale Markets Push
Infrastructure

HM Treasury Spotlights Hedera as UK Tokenization Benchmark in £33 Billion Wholesale Markets Push

The UK government has released the first Wholesale Digital Markets Champion report, authored by Chris Woolard, which identifies tokenization as a critical growth engine for the nation's financial sector. The report highlights a successful FX trade executed by Lloyds Banking Group, abrdn, and Archax on the Hedera network as a benchmark for future institutional adoption. By leveraging tokenized real-world assets, the UK aims to capture significant economic growth, with projections suggesting an additional £33 billion in annual output and £14 billion in tax revenue by 2035. The initiative establishes a clear roadmap for the next 12 months, focusing on nine action groups and a target for a live tokenized repo trial by spring 2027. This strategic push is designed to maintain the UK's competitive edge against the US and EU in the global race for digital finance dominance. The report emphasizes that tokenized markets are a network game, necessitating rapid policy and regulatory alignment to secure early-mover advantages. Ultimately, the government's endorsement of Hedera-based pilots signals a preference for regulator-ready, public-permissioned infrastructure to modernize wholesale market operations.

genfinity.io·Jul 15, 20269.0

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