政府支持的路线图要求在 2027 年初之前发行英国第一只数字金边债券,并寻求使代币化债券可用于交易和借贷。 根据政府支持的行业工作组的说法,通过成为代币化金融市场的领导者,到 2035 年,英国的年经济产出可能会增加多达 330 亿英镑(440 亿美元)。 这一估计出现在批发数字市场冠军 Chris Woolard 的第一份报告中,他被英国财政部任命帮助实施政府的数字市场战略。 该报告由一个行业工作组制定,制定了一项为期 12 个月的计划,在使用证券借入现金的金融交易中测试区块链。它还呼吁英国在 2027 年第一季度之前发行首个代币化政府债券。 该路线图试图使英国代币化超越孤立的试点,进入证券可以交易、结算和用作抵押品的实时市场。报告称,现在的任务是“从试点转向规模”、“从雄心转向行动”。
Ripple 是该工作组的行业成员之一,周一支持了该倡议。该公司表示:“链上基金、债券和回购协议都不是实验。”并补充说,事实证明,此类工具“比传统工具更便宜、更好、更快”。 英国建立数字金边债券和结算计划 数字政府债券或金边债券本身并不是一个新提议。英国于 2024 年 11 月首次宣布数字金具试点。 随后于 2025 年 7 月发布了更新,概述了链上结算、场外交易和二级市场开发的计划。 2月12日,政府指定汇丰银行的Orion平台支持该试点。 新报告增加了时间表并扩大了金融工具的预期作用。除了呼吁发行之外,该报告还寻求后续的数字金边债券发行、实时二级市场交易以及用作央行抵押品的资格。 该报告称,代币化证券的价值有限,除非它们可以交易或用于筹集现金,并敦促英格兰银行接受数字金边债券作为抵押品。
相关:奈杰尔·法拉奇丑闻发生后,英国政界人士考虑永久禁止加密货币捐赠 英国还拥有基于区块链的批发支付基础设施,可以支持此类市场。 2023 年 12 月,总部位于伦敦的 Fnality 推出了与央行储备挂钩的英镑计价支付系统,旨在支持实时回购、代币化证券结算和跨货币支付。 杂志:比特币在这个周期已经触底了吗?分析师表示“还没有”
The government-backed roadmap calls for the UK’s first digital gilt by early 2027 and seeks to make tokenized bonds usable for trading and borrowing.
The United Kingdom could add as much as 33 billion British pounds ($44 billion) to its annual economic output by 2035 by becoming a leader in tokenized financial markets, according to a government-backed industry task force.
The estimate appears in the first report from Wholesale Digital Markets Champion Chris Woolard, who was appointed by HM Treasury to help implement the government’s digital markets strategy.
Developed with an industry task force, the report sets out a 12-month plan to test blockchain in a financial transaction where securities are used to borrow cash. It also calls for the UK to issue its first tokenized government bond by the first quarter of 2027.
The roadmap attempts to move UK tokenization beyond isolated pilots and into live markets where securities can be traded, settled and used as collateral. The report said the task was now to move “from pilots to scale” and “from ambition to action.”
Ripple, which is listed among the task force’s industry members, backed the initiative on Monday. “Onchain funds, bonds and repo aren’t experiments,” the company said, adding that such instruments are already proving “cheaper, better and faster than their legacy equivalents.”
UK builds on digital gilt and settlement initiatives
The digital government bond, or gilt, itself is not a new proposal. The UK first announced the Digital Gilt Instrument pilot in November 2024.
This was followed by a July 2025 update outlining plans for onchain settlement, over-the-counter trading and secondary-market development. On Feb. 12, the government appointed HSBC’s Orion platform to support the pilot.
The new report adds a timetable and expands the intended role for the financial instrument. Beyond calling for issuance, the report seeks subsequent digital-gilt offerings, live secondary-market trading and eligibility for use as central bank collateral.
The report said tokenized securities have limited value unless they can be traded or used to raise cash, and urged the Bank of England to accept digital gilts as collateral.
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The UK also has a blockchain-based wholesale payment infrastructure that could support such markets. In December 2023, London-based Fnality launched a sterling-denominated payment system tied to central bank reserves, designed to support real-time repo, tokenized securities settlement and cross-currency payments.
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