JPMorgan-led UK tokenization plan targets GBP 33 billion annual output by 2035, Tekedia Capital says - JPM News | RalliesJPMorgan-led UK tokenization plan targets GBP 33 billion annual output by 2035, Tekedia Capital says
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JPM• Tekedia Capital flags UK wholesale-market tokenization push
- Tekedia Capital analysis flagged a UK-led push by major banks and asset managers to scale tokenization in wholesale financial markets.
- The strategy targets tokenized repo first, with end-to-end live pilots to test issuance, trading, settlement, collateral, and payments integration.
- The report projected up to GBP 33 billion in annual output and GBP 14 billion in tax revenue by 2035 if adoption scales.
- Execution hinges on legal clarity, interoperability standards, and operational resilience to move from pilots to production-grade infrastructure.
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