BlackRock Joins UK Tokenization Initiative Projected to Boost Economy by $44 Billion
BlackRock, along with HSBC and other major financial institutions, has joined a UK-led tokenization initiative aimed at boosting the economy by up to $44 billion annually. The effort is backed by 54 firms and led by Christopher Woolard, who presented his first report in July 2026 outlining plans for transitioning from pilot projects to live markets.
Topics: blockchain economic_growth institutional_investment tokenization