BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley join UK government's tokenization taskforce
CoinDesk·
60-second summary
BlackRock, Goldman Sachs, JPMorgan, and Morgan Stanley are joining the UK government's 54-firm-strong tokenization taskforce, backed by the City of London Corporation, to develop live tokenization use cases across UK financial markets over the next year, driving innovation and potentially disrupting traditional financial systems with blockchain-based solutions, further solidifying the UK's position as a global crypto hub.
The 54 firm-strong group, which is backed by the City of London Corporation, will spend the next year working on live tokenisation use cases across UK financial markets.