UK Plans to Issue First Tokenized Sovereign Bond by Early 2027, On-Chain Settlement Still Pending

According to ChainCatcher, the UK plans to issue its first tokenized sovereign bond by early 2027, with resolving on-chain cash settlement as a critical prerequisite. The issue has long restricted institutional adoption of digital bonds. The plan has reportedly secured sufficient support from the UK Treasury, Bank of England, and regulators to proceed following recent political transitions. Key barriers remain standardized on-chain payment methods, mature pound-denominated stablecoins, and regulatory clarity.
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