The group is backed by the City of London Corporation and will spend the next year working on live tokenisation use cases across UK financial markets, starting with tokenised repo. Woolard, who spent eight years as chair of the Financial Conduct Authority before taking on the Champion role in April, is addressing the report to whoever holds the Chancellor's job next, a reminder that this is being built to outlast any one minister. The headline numbers are designed to focus mi

A plain English guide for founders and investors. Part of our intelligence series on equity tokenisation in the UK.

CryptoUK is the trade association for the UK cryptoasset and digital finance sector, and its response is worth reading precisely because it stops short of applause. The vision, it agrees, is the right one. Tokenisation can cut reconciliation costs, speed up settlement and collateral movement, strengthen ownership records and open up new issuance and post trade models. The practical issue, as CryptoUK frames it, is whether any of that can be translated into the concrete things

For years, anyone building in tokenisation in the UK has had to plan around a moving target. The rules were coming, everyone agreed, but their shape was a matter of consultation papers and educated guesses. That ended on 30 June, when the Financial Conduct Authority published the final rules and gui

The Bank of England, the Financial Conduct Authority and the Prudential Regulation Authority asked the market a very large question in May, and the window to answer it closes on 3 July. Their joint Call for Input, titled The Future of Tokenisation, sets out a shared vision for how tokenised assets s

The headlines in tokenisation tend to reward the issuers and the funds. The quieter, more telling story usually sits in the custody layer, the unglamorous business of holding assets safely and keeping the share register straight.

On 15 May 2026, the Prudential Regulation Authority sent a letter to the chief executives of all UK-regulated banks and designated investment firms setting out how it expects them to treat tokenised assets, stablecoins and other cryptoasset exposures from a prudential perspective. Published jointly

There are events that generate press releases. And then there are the conversations that actually move markets forward, held away from the noise, where the people building real infrastructure say what they genuinely think.

The tokenisation landscape has moved quickly. New rules, new platforms, and significant market milestones have arrived almost weekly in 2026. Whether you are a founder exploring the idea of tokenised equity for the first time, an investor trying to stay current, or a curious observer still getting t

FCA's perimeter from October 2027. The seven regulated activities covered include issuing qualifying stablecoins in the UK, safeguarding qualifying cryptoassets, operating a qualifying cryptoasset trading platform, dealing in qualifying cryptoassets as principal or agent, arranging deals in qualifying cry

On 15 May 2026, the FCA and Bank of England published something the market has been waiting for. Not a pilot. Not a sandbox update. A shared vision — and a roadmap.

18 May 2026 | Category: LAW, REGULATION, POLICY

Real world asset tokenisation has matured from white paper to working infrastructure. The question for UK founders and operators is now less whether it works, and more what the stack actually looks like end to end.

A Hong Kong venture capital firm chose London to launch its tokenised Digital Venture Fund. The infrastructure that made it possible is now operational, and accessible to other managers.

On 30 April 2026, the Financial Conduct Authority finalised its rules for tokenising UK authorised funds. The rules took effect immediately. The UK now has one of the clearest regulatory frameworks for tokenised funds anywhere in the world and the clock is now ticking. Most regulatory milestones arrive with consultation papers and long phase-in periods. PS26/7 did not. On 30 April 2026, the FCA published its policy statement on fund tokenisation and the rules entered force th

The UK government confirmed today that a Financial Services Bill will form part of the 2026 to 2027 parliamentary programme, following the King's Speech delivered this morning. The bill has been anticipated for months. It will fold the Payment Systems Regulator into the Financial Conduct Authority,

On 29 April 2026, the Financial Conduct Authority published Policy Statement PS26/7, confirming its final rules and guidance for fund tokenisation in the UK. The document follows the regulator's consultation paper CP25/28, published in October 2025, and marks a significant step forward in the UK's digital securities strategy. The policy statement does two things of immediate practical consequence. First, it sets out how authorised fund managers can use distributed ledger t

The landscape of startup funding in 2026 is changing fast. Venture capital remains powerful, but it is no longer the only serious path. A new wave of regulated digital securities is creating alternative routes to capital for founders who want fairer, broader access, greater control, and more flexible ownership structures.

For UK founders sitting on illiquid equity, the landscape for secondary share trading just quietly got bigger. On 22 April 2026, Asset Match Limited became the third operator to receive FCA approval to run a trading venue under the PISCES framework - the Private Intermittent Securities and Capital Exchange System - Britain's regulated sandbox for trading shares in private companies. This follows approvals for the London Stock Exchange's Private Securities Market (PSM) and

Ctrl Alt Ltd, a subsidiary of Alt Ltd, has been placed on the FCA's official register as a directly authorised investment firm. The UAE-regulated firm now holds its own FCA permissions, allowing it to operate independently rather than as an Appointed Representative under another firm's licence. The authorisation enables Ctrl Alt to expand its digital capital markets services and support the end-to-end lifecycle of tokenised assets — from issuance and primary distribution thro