UK tokenization push could add as much as $44B to annual output by 2035: Report

CoinTelegraph·

UK tokenization push could add as much as $44B to annual output by 2035: Report

60-second summary

The UK government-backed roadmap aims to introduce the country's first digital gilt by early 2027, paving the way for tokenized bonds to be used in trading and borrowing. This initiative could potentially add up to $44 billion to the UK's annual output by 2035, boosting the country's economic growth and adoption of digital assets.

The government-backed roadmap calls for the UK’s first digital gilt by early 2027 and seeks to make tokenized bonds usable for trading and borrowing.