UK regulator advocates for asset managers to tokenize funds
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Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems.
In a recent report
This follows recent news that investment firms in the UK have been strengthening their staff dedicated to digital assets.
On September 10, Cointelegraph reported that one-quarter of asset managers and hedge funds in the U.S., UK, and Europe have recruited senior executives to oversee digital asset strategies.
According to a survey, 24% of asset management firms adopted a digital assets strategy, with an extra 13% planning to do so in the next two years.
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