BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley join UK government's tokenization taskforce

Bullish+2.89%
13 Jul, 11:40
Source: CoinDesk

AI Summary

Major financial institutions including BlackRock, Goldman Sachs, JPMorgan, and Morgan Stanley join UK government-backed tokenization taskforce to develop live use cases across UK financial markets.

The 54 firm-strong group, which is backed by the City of London Corporation, will spend the next year working on live tokenisation use cases across UK financial markets.