Ripple backs UK tokenization plan targeting £33B annual boost

cryptonews07-13 17:15

Ripple has backed a new UK strategy designed to move wholesale financial markets toward tokenized infrastructure. Summary Ripple joined Britain’s tokenization taskforce as officials target live ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRipple backs UK tokenization plan targeting £33B annual boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-13 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/ripple-backs-uk-tokenization-plan-targeting-33b-annual-boost/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ripple has backed a new UK strategy designed to move wholesale financial markets toward tokenized infrastructure. \n\n\nSummary\n\n\n\nRipple joined Britain’s tokenization taskforce as officials target live ...</p>\n\n<a href=\"https://crypto.news/ripple-backs-uk-tokenization-plan-targeting-33b-annual-boost/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XXRP","symbol_name":"2倍做多XRP ETF-Teucrium","start_time":0,"source_url":"https://crypto.news/ripple-backs-uk-tokenization-plan-targeting-33b-annual-boost/","article_id":"2651971151","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/ripple-backs-uk-tokenization-plan-targeting-33b-annual-boost/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2651971151","pubTimestamp":1783934117,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Ripple has backed a new UK strategy designed to move wholesale financial markets toward tokenized infrastructure.Ripple joined Britain’s tokenization taskforce as officials target live repo testing before spring 2027 begins.The strategy estimates tokenized finance could add 33 billion to annual UK output by 2035.Nine action groups will develop standards, collateral markets, digital gilts and end-to-end tokenized transactions nationwide.The plan comes from the Wholesale Digital Markets Champion, Chris Woolard, who was appointed by HM Treasury in April. Ripple said on-chain funds, bonds and repo transactions are no longer limited to trials and can offer faster and cheaper financial processes. The company is among the industry participants supporting the government-linked taskforce.The program covers live issuance and settlement of tokenized bonds, equities and fund units. Regulators have also requested market feedback on settlement assets, tokenized collateral and links between blockchai","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"XXRP":"2倍做多XRP ETF-Teucrium","BWEB":"BITWISE WEB3 ETF","DECO":"SPDR Galaxy Digital Asset Ecosystem ETF","XRPI":"1倍XRP ETF-Volatility Shares","IBLC":"iShares Blockchain and Tech ETF","XRPK":"T-REX 2x Long XRP Daily Target ETF","XRPT":"2倍杠杆XRP ETF-Volatility Shares","UXRP":"Proshares Ultra XRP ETF","IVATF":"Invesco Markets II plc","BLCN":"Siren Nasdaq NexGen Economy ETF","XRPR":"REX-OSPREY XRP ETF"},"translate_title":"Ripple 支持英国代币化计划，目标是每年筹集 33B 英镑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRPR":0.6,"XRPT":0.6,"IVATF":1.5,"XXRP":0.6,"BWEB":1.5,"XRPK":0.6,"BLCN":1.5,"DECO":1.5,"XRPI":0.6,"UXRP":0.6,"IBLC":1.5},"content_text":"Ripple has backed a new UK strategy designed to move wholesale financial markets toward tokenized infrastructure. \n\n\nSummary\n\n\n\nRipple joined Britain’s tokenization taskforce as officials target live repo testing before spring 2027 begins.\nThe strategy estimates tokenized finance could add £33 billion to annual UK output by 2035.\nNine action groups will develop standards, collateral markets, digital gilts and end-to-end tokenized transactions nationwide.\n\n\n\nThe plan comes from the Wholesale Digital Markets Champion, Chris Woolard, who was appointed by HM Treasury in April. Ripple said on-chain funds, bonds and repo transactions are no longer limited to trials and can offer faster and cheaper financial processes. The company is among the industry participants supporting the government-linked taskforce.\nThe strategy places the UK’s large capital markets at the center of the plan. It estimates that wider tokenization could add “up to £33 billion” to annual economic output and £14 billion in yearly tax revenue by 2035. Those figures depend on adoption, regulation and the UK winning a meaningful share of a global tokenized asset market that the report values at a possible $88 trillion by 2035.\n\nOnchain funds, bonds and repo aren't experiments. They're already happening, delivering onchain financial instruments that are cheaper, better and faster than their legacy equivalents. The UK has the capital markets depth and regulatory credibility to be a global leader in… pic.twitter.com/ELEP4x9UGL— Ripple (@Ripple) July 13, 2026\n\nTaskforce targets tokenized repo and digital gilts\nThe taskforce includes 54 firms from banking, asset management, market infrastructure and digital assets. It will create nine action groups covering areas such as collateral, settlement, legal standards and market access. The first practical focus will be tokenized repo, where securities serve as collateral for short-term cash borrowing. The group aims to test and, where possible, run a live end-to-end repo transaction by spring 2027.\nThe plan also calls for progress on DIGIT, the UK government’s proposed digital gilt instrument. Woolard wants the government to issue the first digital gilt by early 2027 and support later issuance. \nThe report also asks authorities to clarify whether tokenized government bonds can qualify as collateral. These steps would help firms use digital securities inside existing wholesale markets rather than keeping them in separate pilot systems.\nRegulators prepare markets for live tokenized assets\nThe UK has already opened regulated testing for tokenized securities. As previously reported, the Financial Conduct Authority and Bank of England are working with 16 firms in the Digital Securities Sandbox. \nThe program covers live issuance and settlement of tokenized bonds, equities and fund units. Regulators have also requested market feedback on settlement assets, tokenized collateral and links between blockchain networks and existing infrastructure.\nThe Bank of England and FCA have said the next stage should move activity from pilots toward production. However, firms still need clear rules on custody, capital treatment, legal ownership and settlement money. \nMoreover, tokenization can reduce manual work and settlement delays, but it does not remove credit, operational or counterparty risk. The taskforce will need to show that new systems meet the standards already required in regulated wholesale markets.\nRipple links UK strategy to broader market growth\nRipple’s support fits its wider work in payments, stablecoins, custody and tokenized assets. The company said Britain has the market depth and regulatory standing to lead tokenized wholesale finance. That statement reflects Ripple’s commercial view. The report does not assign Ripple control over the program, and HM Treasury, regulators and the wider taskforce will shape the final rules and technical standards.\nAs crypto.news previously reported, tokenized real-world assets have grown as banks and asset managers move funds, government debt and repo transactions onto blockchain-based systems. The UK plan now sets a 12-month delivery program around live use cases rather than general policy goals. \nIts progress will depend on whether firms complete the repo trial, expand secondary markets and connect digital assets with central bank and commercial bank money. The group will publish updates during the year and has invited industry feedback through September 4 on priorities and timetable.\n\n\n\n\n\n                Read more:\n            \n\n                XRP price drops to $1.08 as ETF outflows and whale demand fade","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2651971151","isCrawlerRequest":true}