The British government said on Tuesday that it intended to allow the wholesale market to identify the best distributed big book technology (DLT) Use cases as well as deployment of tokenization solutions.
The country wants the DLT – the blockchain technology that underlies crypto – is used in different sectors on the wholesale financial markets and create cross market groups “to advance the activity live,” said the country’s treasure in a political document.
Part of the plan includes the creation of a regulatory framework for cryptographic technology, something that is already underway while the nation maintains to be a cryptographic hub. The United Kingdom published a bill for stablecoin issuers and exchanges in April.
“For example, on large digital payments, the government and regulators are open to proposals that innovate on existing forms of payment, such as token deposits, as well as new innovations such as stablecoins,” said Treasury.
The government wishes to allow the sector to test solutions that tokenize financial assets and help digitize post-exchange processes.
Around the world, RWA tokenization has increased by 380% in just three years and reached $ 24 billion this month, according to a report from the first half in 2025 of Redstone, Gauntlet and Rwa.xyz.
British regulators will also test stablescoins – digital tokens fixed on assets – alongside other payment solutions in the new digital tank.
Read more: President FSB makes stablecoins a priority before the G20 meeting
