Report: Tokenization Could Bring £33 Billion to UK Economy by 2035

An industry report indicates that advancing Real World Assets (RWA) could significantly enhance the UK economy by an estimated £33 billion ($44 billion) annually by 2035. This initiative is underpinned by a strategic plan from Chris Woolard, the UK’s Digital Markets Commissioner, aimed at transitioning from experimental blockchain applications in finance to comprehensive integration.

The one-year roadmap outlines several pivotal objectives:

• Implementing digital securities in REPO operations.
• Launching the first tokenized government bond by the end of the first quarter of 2027.
• Setting regulations for the secondary trading of digital assets.
• Allowing the Bank of England to accept tokens as collateral.

Over 50 firms, including major players like JPMorgan, Goldman Sachs, BlackRock, and Ripple, are collaborating on this initiative. Ripple has highlighted the advantages of on-chain financial instruments, asserting they outperform traditional methods in efficiency and cost.

On-chain funds, bonds and repo aren't experiments. They're already happening, delivering on-chain financial instruments that are cheaper, better and faster than their legacy equivalents.

— Ripple (@Ripple) July 13, 2026

The report suggests that by 2035, tokenized real assets could represent 16% of global investments. Woolard emphasized that for London to maintain its status as a global financial center, it must incorporate these technologies into its legal and tax systems within the next two years.

Additionally, the UK Treasury has announced plans to unify the regulations governing traditional financial services, stablecoins, and tokenized deposits into a cohesive legal framework.