finance
54 Firms Join UK Tokenization Taskforce for Live Use Cases
Fifty-four financial and technology firms have joined a UK government taskforce to develop live tokenization use cases, beginning with tokenized repurchase agreements. The group includes BlackRock, JPMorgan, Goldman Sachs, Coinbase, Ripple, and Circle.
Jul 13, 8:29 AM·1m read2 sources
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Fifty-four financial and technology firms have joined a UK government taskforce to develop live tokenization use cases, beginning with tokenized repurchase agreements. The firms include BlackRock, JPMorgan, Goldman Sachs, Coinbase, Ripple, and Circle, according to announcements from multiple outlets.
The partnership covers BlackRock, JPMorgan, Goldman Sachs, Coinbase and 50 other firms, the reports stated.
The initial work centers on tokenized repo transactions, the announcements said. Live use cases are scheduled to begin under the taskforce framework. The effort brings together traditional financial institutions and digital-asset companies to test tokenization in real market conditions.
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