Written Question·Treasury·UIN 61169

Digital Assets

Tabled: 19 June 2025
Answered: 25 June 2025
Named Day

Question

Mark Garnier

ConservativeWyre Forest

To ask the Chancellor of the Exchequer, what discussions her Department has had with institutional market participants on the adoption of (a) tokenised sovereign instruments and (b) associated standards.

Answer

Emma Reynolds
My team regularly engages with the sector on issues relating to tokenisation in UK financial markets. In addition, we have had further discussions with participants in relation to our digital gilt instrument (DIGIT) pilot. The Government is taking forward...

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