HM Treasury has named Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets as joint lead managers for DIGIT, the UK's first digitally native gilt, with issuance targeted for early 2027.

Lloyds polled 100 senior leaders at the UK's largest financial institutions and found technology investment priorities rising fast. The survey measures expectation, not live use.

Lloyds Banking Group and Visa settled US$750,000 of payment obligations in USDC over seven days, with funds reaching Visa in under an hour, including over a weekend. The release gives no rollout date.

London Stock Exchange Group has taken a governance seat on the Canton Network, a blockchain built for regulated institutions, through its Digital Settlement House service for commercial bank money.

Citi has extended its tokenised money service for institutional clients to Japan and the UAE, bringing the network to seven markets including the UK. The release points to live use but gives no volumes beyond "billions of dollars".

The bank keeps the customer, the account and the conversion back into ordinary currency. The blockchain sits underneath, out of sight.

Europe’s central banking system has asked Brussels to tighten the bloc’s crypto rules, one day after the Eurosystem switched on Pontes, its settlement rail for tokenised securities. The European System of Central Banks, which includes the European Central Bank and the national central banks of EU member states, published its response to the European Commission’s review of the Markets in Crypto-Assets Regulation, known as MiCA, on Tuesday 22 September. The 57-page response

Six banks that hold most of Canada's deposits have gone straight to the hardest part of tokenised money, moving it between institutions rather than inside one of them.

Tokenised deposits have moved into live payments over Swift's ledger, with DBS, OCBC and UOB completing Singapore dollar payments on 13 September 2026. HSBC and Lloyds are in Swift's group, but the UK's own sterling pilot has not published results.

UniCredit is shopping for a technology partner to build digital asset custody and brokerage infrastructure, a move that would let one of Italy's largest banks hold and trade crypto and tokenised instruments directly for wealth clients in Italy, Germany and Austria.

Thirty nine US state banking associations announced on 25 August 2026 the formation of BankChain Alliance, an industry consortium set to build a bank owned blockchain network intended to go live in 2027, supporting tokenised deposits, bank issued stablecoins, smart payment tools and automated settle

For UK founders and investors watching which model wins the tokenisation infrastructure race, this week's confirmation from one of the world's largest custodian banks is a bigger signal than another platform launch.

Ten of Europe's largest financial institutions switched on a shared blockchain network for regulated markets on 28 July, and a UK bank is already circling the door.

A quieter but structurally important piece of tokenisation news broke this week away from the equity headlines. Two infrastructure providers proved that digital assets, stablecoins and tokenised bank deposits can now settle against each other automatically, without the manual reconciliation that has

Bank of America has appointed Sonali Theisen as head of its global digital assets platform, alongside Adam Dixon as global head of digital asset transformation and Kevin Milsom as head of platforms AI transformation, according to Bloomberg reporting confirmed across multiple outlets on 17 and 18 Jul

The All Party Parliamentary Group for Crypto and Digital Assets opened a cross party inquiry on 21 July into UK banks refusing accounts and restricting payments to cryptocurrency and digital asset businesses, giving the sector a six week window to put hard evidence behind a complaint it has made inf

HSBC has completed the private placement of its first digitally native structured product, a USD note issued directly on a blockchain out of Hong Kong.

One of Britain's best known fintech names is trimming its workforce, and the reason it gives says a good deal about where the sector is heading. Starling Bank is cutting about 130 jobs, roughly three per cent of a workforce of more than 4,000 people, as it restructures its banking and technology tea

A checkout button is not usually the stuff of strategy memos. This one is worth a pause.

The backers include HSBC, BNP Paribas and Citadel Securities, a sign that the institutions which run capital markets now want to own the rails underneath them.