London Authority Sets Out Plan For Tokenizing Wholesale Financial Markets

London has issued a report on accelerating tokenization in wholesale financial markets. “Wholesale financial markets are a fundamental driver of economic growth, directly supporting jobs and financing activity in the wider economy,” the City of London Corporation said in a news release promoting the report Monday (July 13). “Tokenising wholesale markets will boost the U.K.’s competitiveness, generating additional liquidity and revenues, securing cost and capital efficiencies, enabling innovation