Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems.

In a recent report published by the Investment Association (IA), it outlined the rapid movement in the digitalization of financial services. It further argued that tokenization – issuing tokenized units or shares on distributed ledger technology (DLT) – will lead to a more efficient and transparent financial industry. 

We are excited to announce the first phase of @hmtreasury Asset Management Taskforce – Technology Working Group’s work on harnessing the potential of innovative…

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