UK Finance Leaders Expect Tokenization to Reshape Markets
Lloyds said 60% of respondents see faster payments and settlement as the top benefit, as the UK pushes tokenized finance into core infrastructure.
- Nearly 71% of UK financial institutions expect tokenization to reshape financial services, according to the annual Financial Institutions Sentiment Survey by Lloyds Banking Group, which polled 100 senior decision-makers.
- Faster payments and settlement emerged as the primary adoption driver, cited by 60% of respondents, while government forecasts estimate tokenized finance could add $44 billion to UK economic output by 2035.
- During a seven-day pilot, Lloyds settled $750,000 in live payment obligations using USDC, working with Archax and the Canton Network to test cross-blockchain transfers rather than requiring a single shared network.
- UK Finance recently conducted interbank tokenized deposit tests involving Lloyds, NatWest, and Barclays, simulating property transactions where funds were automatically released upon meeting agreed conditions.
- "The next phase is about turning those individual use cases into infrastructure that works at scale," said Rob Hale, co-head of global markets at Lloyds, emphasizing the need for common interoperability standards.
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UK banks eye faster settlement as 71% expect tokenization to reshape finance
UK financial institutions have identified faster settlement as tokenization’s biggest benefit, with 71% expecting the technology to reshape financial services. Lloyds Banking Group said in its Oct. 2 release, that its tenth annual Financial Institutions Sentiment Survey questioned 100 senior…
Cointelegraph
The New York LedgerUK Finance Leaders Expect Tokenization to Reshape Markets
A Lloyds survey found 71% of UK finance leaders expect tokenization to reshape financial services, with faster payments and settlement seen as the biggest opportunity.
Crypto Economy
Cryptocurrency News | Cryptocurrency Prices | Market CapLloyds: 71% of UK Finance Leaders See Tokenization Reshaping Financial Services
TL;DR: Institutional Survey: 71% of senior executives surveyed by Lloyds Banking Group in October 2026 project a structural transformation driven by digital assets. Operational Benefits: 60% of participants identified faster payments and settlement, while 41% highlighted improvements in collateral and liquidity management. Economic Outlook: Estimates from a UK working group value the sector’s potential contribution ...
Lloyds Survey: 71% of UK Finance Leaders Expect Tokenization Impact
Tokenization is moving from experiments to mainstream expectation in the UK financial sector, according to a new survey by Lloyds Banking Group. Nearly three-quarters of senior decision-makers at major UK banks, insurers, asset managers, and financial sponsors believe tokenization will reshape financial services. The results highlight growing momentum for using blockchain-based infrastructure to improve payments [...]
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