Report: Tokenization could bring the UK $44 billion by 2035 - ForkLog

# Report: Tokenization rollout will bring the UK $44 billion by 2035

Leading in the RWA space will add up to 33 billion pounds ($44 billion) to the UK economy every year by 2035. This is stated in an industry development plan prepared by Chris Woolard, the UK kingdom’s representative for digital markets.

The roadmap is for one year. Its main goal is to move from one-off experiments to full-scale blockchain use in finance.

Key milestones of the strategy:

• testing REPO operations using digital securities;
• issuance of the first tokenized government bond by the end of the first quarter of 2027;
• creating rules for secondary trading of digital assets;
• recognizing tokens as collateral by the Bank of England.

The working group includes more than 50 companies, including JPMorgan, Goldman Sachs, BlackRock and Ripple.

Ripple representatives backed the initiative. The company noted that onchain funds and bonds are no longer experiments, but tools that work “cheaper, better and faster” than their traditional counterparts.

Onchain 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

The document’s authors emphasized that tokenization of real-world assets could account for 16% of all global investments by 2035. To maintain its status as a financial hub, London must bring the technology into the country’s legal and tax framework within the next two years.

Woolard noted that the UK must “move at the speed of the most flexible players” to not fall behind in the global race for digital markets.

Recall that in April, the country’s Ministry of Finance said it plans to combine regulation for traditional services, stablecoins and tokenized deposits into a single legal framework