Ripple Supports UK’s Tokenization Strategy Amid Legal Challenges
Ripple has officially endorsed the UK HM Treasury's Wholesale Digital Markets taskforce, supporting efforts to tokenize traditional financial products. The company estimates this could add £33 billion annually to the UK economy by 2035 and highlights its potential as an infrastructure upgrade rather than speculative crypto activity.
Tickers: $XRP
Topics: Ripple tokenization UK government initiative Wholesale Digital Markets taskforce XRP