CoinDesk·4 min read·hard
UK Treasury report on tokenization cites Ripple as convergence model
S
Shaurya Malwa
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A UK Treasury report identifies Ripple as a key model for the convergence of traditional finance and digital assets. The report outlines a plan to transition tokenized financial instruments to live markets while highlighting the economic potential of blockchain integration.
The report from Chris Woolard, the Treasury's wholesale digital markets champion, lays out a 12-month plan to move tokenized repo, fixed income and funds from sandbox to live markets, positioning the effort as a race the U.K. loses if standards and liquidity settle offshore first.
businesscryptoeconomy
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