Ripple: UK Backs Tokenized Wholesale Markets for £33bn Output
Ripple endorses UK Treasury taskforce strategy projecting £33bn yearly gains from tokenized bonds, funds and repo by 2035.
SourceAnalysis
Ripple highlighted that onchain funds, bonds and repo already deliver cheaper, faster instruments than legacy systems while pledging support for @hmtreasury's Wholesale Digital Markets taskforce and its fresh tokenization roadmap that targets up to £33bn in annual UK economic output by 2035.
Ripple
@RippleAs the official account of Ripple, the company focuses on transforming global payments through its enterprise blockchain solutions and digital asset XRP. It shares updates on institutional adoption, regulatory engagements, and technology developments in cross-border finance and central bank digital currencies (CBDCs).
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