The answer depends on what the token is, what each business does with it, and whether an exclusion applies. The permission question may fall on the platform, on the company, or on both.

Noah, a UK stablecoin payments start-up, closed a $38m seed round on 7 October 2026, made up of $22m raised last year and a $16m extension.

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.

The EU securities regulator has told the European Commission how it wants the bloc crypto rulebook rewritten, from influencer marketing to DeFi access. It also names a framework for tokenised securities and on-chain settlement as a longer-term aim.

Asset manager Bitwise has launched a set of automated portfolios built on Coinbase's tokenised US stocks, letting eligible non-US investors follow preset investment strategies while keeping their tokens in their own wallets rather than handing custody to a fund manager.

Coinbase has gone live with tokenised US stocks on its own Base network, starting with Apple, Nvidia, Meta and Alphabet, in a move that pushes one of the world's largest crypto exchanges further into the race to bring listed equities onchain. For UK founders and platforms watching how regulated toke

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

The most important word in the tokenisation story this week was not price or listing. It was voting. On 2 July, Ondo Finance and Broadridge Financial Solutions launched what they describe as the first live third party tokenised US securities operating fully within the existing regulatory perimeter,

For most of the last decade, digital assets and institutional finance sat in different rooms. One talked about disruption and the death of intermediaries. The other talked about fiduciary duty and operational risk. A new whitepaper from Arcesium, the financial technology firm spun out of the hedge f

Monument Bank, a Bank of England-regulated institution serving the UK’s mass-affluent market, has announced plans to tokenise up to £250 million in retail customer deposits on Cardano’s privacy-focused Midnight network, making it the first UK-regulated bank to bring retail deposits onto a public blockchain.

Practical ways startups use tokens to retain customers, the metrics that show whether it works, and the UK rules to check before launching a token scheme.