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The UK’s tokenisation plan is a build list, not a victory lap. 🔗
A 54-firm taskforce and nine planned action groups will focus first on an end-to-end tokenised repo use case. That means connecting issuance, secondary trading, collateral, payment rails, legal treatment, compliance and resilience—not simply putting an asset onchain.
The structure is confirmed. The groups’ detailed mandates are due in September. A live repo trial by spring 2027 is an aim, not a result.
The proof point is one complete, interoperable transaction.