A forward looking, practical guide to tokenised cap tables for founders and investors, covering what they record, the benefits, the downsides and the steps to adopt one.

London's Scarlet has raised $50 million to speed up approval of AI medical devices, and its figures show how review time shapes a founder's release pace.

SEIS raised a record 276 million pounds in 2024-25 while EIS plateaued and VCT relief fell to 20 per cent. This is what is confirmed about the 28 October Budget, and what UK founders can ask before it.

Six months after a poll of UK founders and investors on equity tokenisation, the plumbing has arrived but the case studies have not. Who is ready, who should wait, and what comes next.

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.

The British Business Bank has committed £10 million to Fuel Ventures through its Regional Angels Programme, to widen early stage investment and further funding for portfolio companies.

Spiko, the London and Paris tokenised cash fund issuer, raised a $90 million Series B led by NEA on 6 October 2026, taking its total funding to $120 million.

The British Business Bank joined a $20 million round for Living Optics, an Oxford University spinout making hyperspectral cameras, led by BRV Capital Management and announced on 5 October 2026.

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 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.

Seed deals are down and SEIS funds keep selling out. For founders running social enterprises, community interest companies and purpose-led businesses, there's a large pool of non-dilutive money that rarely comes up in startup circles.

British Business Bank research published on 29 September 2026 finds UK venture capital funds returning as much as US funds overall, and more among recent funds. The catch is that much of the recent gain has not yet been paid out in cash.

Seed stage deal volumes in the UK fell 27 per cent year on year, according to the British Business Bank's Small Business Equity Tracker 2026, even as overall equity investment was propped up by a relatively small number of large AI transactions. Against that backdrop, professionally managed Seed Ent

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 amount was not disclosed and neither was the stake. That combination is normal for corporate strategic investment and worth understanding before a founder accepts one.

In case you missed the news, UK company formation fell for a second six-month period in a row, while new business growth became more concentrated in a smaller number of postcodes, according to analysis based on Companies House incorporation records. The pattern points to a wider cooling in company creation, even though some local areas still added new firms at a strong pace.

The milestone combines public and private money. The fund's own capital accounts for 44 million pounds of it, which tells a founder more about what is still available than the headline does.

The round is one of the largest into a UK life sciences company this year, and the capital setting its price came from the United States.