The UK’s Race to Build the Rails of Tokenised Finance

In this paper, we discuss:

• Why the UK is treating tokenisation as an infrastructure strategy;
• How tokenised repo could transform funding and collateral markets;
• Why DIGIT could connect sovereign debt with digital market infrastructure;
• Why interoperability and settlement remain key constraints;
• How the race is shifting from tokenising assets to building the rails of tokenised finance

Download PDF: UK Tokenisation – September 2026