Technology
Bullish
71% of UK finance leaders expect tokenization to reshape financial services
Image: CointelegraphA Lloyds Banking Group annual survey of 100 senior UK financial decision-makers found 71% expect tokenization to reshape financial services. Faster payments and settlement were the top cited benefit, named by 60% of respondents, while 41% pointed to improved collateral and liquidity management. UK financial institutions have tested tokenized deposits for mortgage payments and tokenized government bond purchases, as policymakers advance supporting infrastructure.
Key points
- A Lloyds survey of 100 UK senior financial decision-makers found 71% expect tokenization to reshape financial services.
- 60% of respondents cited faster payments and settlement as tokenization's biggest perceived benefit.
- UK financial institutions have tested tokenized deposits for mortgage payments and government bond purchases.
- UK policymakers are advancing infrastructure to support scaled tokenization adoption.
Why it matters
The survey shows growing institutional support for tokenization, tied to cited benefits of faster payments and better capital efficiency. Ongoing policy and industry tests are advancing real-world use cases for the technology.
Sources · 2 publishers
Crypto.news
Tier 2
UK banks eye faster settlement as 71% expect tokenization to reshape finance
Coverage timeline
- First reported by Cointelegraph
- Confirmed by Crypto.news
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
