UK proposes tokenised funds framework to modernise asset management
UK FCA proposes new rules to allow tokenised investment funds.
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6h agoUK proposes tokenised funds framework to modernise asset management
The UK’s Financial Conduct Authority (FCA) introduced a draft framework enabling tokenisation of investment funds, allowing direct blockchain-based fund access. Under the proposal, investors could subscribe directly into tokenised funds without intermediaries. The move aims to speed settlement, reduce costs, and promote innovation. Asset managers like BlackRock and Franklin Templeton are already exploring tokenised fund structures. The FCA expects feedback by mid-December and sees tokenisation as a key lever for UK competitiveness in digital finance.
positive
6h agoUK proposes tokenised funds framework to modernise asset management
The UK’s Financial Conduct Authority (FCA) introduced a draft framework enabling tokenisation of investment funds, allowing direct blockchain-based fund access. Under the proposal, investors could subscribe directly into tokenised funds without intermediaries. The move aims to speed settlement, reduce costs, and promote innovation. Asset managers like BlackRock and Franklin Templeton are already exploring tokenised fund structures. The FCA expects feedback by mid-December and sees tokenisation as a key lever for UK competitiveness in digital finance.
positive
UK proposes tokenised funds framework to modernise asset management
about 7 hours ago
1 min read
75 words
UK FCA proposes new rules to allow tokenised investment funds.
The UK’s Financial Conduct Authority (FCA) introduced a draft framework enabling tokenisation of investment funds, allowing direct blockchain-based fund access. Under the proposal, investors could subscribe directly into tokenised funds without intermediaries. The move aims to speed settlement, reduce costs, and promote innovation. Asset managers like BlackRock and Franklin Templeton are already exploring tokenised fund structures. The FCA expects feedback by mid-December and sees tokenisation as a key lever for UK competitiveness in digital finance.
The UK’s Financial Conduct Authority (FCA) introduced a draft framework enabling tokenisation of investment funds, allowing direct blockchain-based fund access. Under the proposal, investors could subscribe directly into tokenised funds without intermediaries. The move aims to speed settlement, reduce costs, and promote innovation. Asset managers like BlackRock and Franklin Templeton are already exploring tokenised fund structures. The FCA expects feedback by mid-December and sees tokenisation as a key lever for UK competitiveness in digital finance.
Companies:
BlackRock
Franklin Templeton
Tags:
global
finance
global
finance
crypto
innovation
regulation
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