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UK finance leaders see tokenization improving payments and settlement

Lloyds polled 100 senior decision-makers, and 71% expect tokenization to reshape financial services as the UK builds tokenized finance infrastructure.

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A survey by Lloyds Banking Group found that most UK finance leaders expect tokenization to reshape financial services. Cointelegraph reports that 71% of respondents said tokenization will change how the sector operates, as banks and asset managers explore blockchain-based infrastructure for payments, settlement, and liquidity management.

The survey identified faster payments and settlement as the biggest perceived benefit of tokenization. According to Cointelegraph, the finding comes from Lloyds' annual survey of 100 senior decision-makers across major UK banks, insurers, asset managers, and financial sponsors.

The results reflect a broader push to build infrastructure for tokenized finance in the UK, with faster payments and settlement emerging as a leading driver of interest. Cointelegraph highlighted the expectations around improvements to settlement speed as part of that direction.

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