71% of UK Finance Leaders Expect Tokenization to Reshape Markets, Lloyds Survey Finds

A survey from Lloyds Banking Group reveals that nearly three-quarters of 100 senior UK finance decision-makers believe tokenization will fundamentally alter financial services. Faster payments and settlement rank as the top perceived advantage at 60%, followed by improved collateral and liquidity management at 41%. A government-backed task force projects that leading the tokenization sector could boost the UK's annual economic output by $44B by 2035. UK policymakers are actively pushing to issue the nation's first tokenized government bond by early 2027 as they transition from pilot phases to core interoperable infrastructure. "The next phase is about turning those individual use cases into infrastructure that works at scale, with the interoperability and common standards needed to connect digital and traditional markets." — Rob Hale