BlackRock and JPM have both jumped in—this tokenization narrative in the UK is about to catch wind.

BiuMarkets news: BlackRock and JPMorgan have joined a UK government-backed Digital Markets Taskforce. The taskforce brings together 54 financial companies, aiming to develop real-time tokenization application case studies. The first case study is tokenized buybacks. According to a report supported by the Treasury, by 2035 the tokenization market is expected to add up to £33 billion in annual value to the UK.