The British Government said Tuesday that it intends to enable the wholesale market to identify the best distributed headbox technology (Dlt) Use cases and roll out tokenization solutions.
The country wants the DLT – blockchain technology that supports crypto – to be used across different sectors in wholesale financial markets and create cross -market groups “to continue live activity,” the country’s treasury said in a political paper.
Part of the plan includes the creation of a legislative framework for cryptotechnology, something that is already underway as the nation is trying to be a crypto hub. The United Kingdom published draft legislation on stableecoin issuers and exchanges in April.
“For example, on digital wholesale payments, the government and regulators are open to proposals that innovate on existing forms of payment, such as tokenized deposits, and also new innovations such as stableecoins,” Treasury said.
The government wants to enable the sector to test solutions that tokenize financial assets and help digitize postal trading processes.
Worldwide, RWA-tokenization has grown by 380% in just three years and reached $ 24 billion this month, according to a first half 2025 report from Redstone, Gauntlet and Rwa.xyz.
The British regulators will also test using stableecoins – digital tokens tied to assets – along with other payment solutions in the new digital securities and sandbox.
Read more: FSB chairman makes stableecoins a priority prior to the G20 meeting
