The UK will appoint a "Digital Markets Chief" to promote the tokenization of financial markets.

[UK to Appoint 'Digital Markets Lead' to Promote Tokenization of Financial Markets] According to Bloomberg, the UK government will establish the position of 'Digital Markets Lead' to lead and coordinate the private sector's work on tokenization in wholesale financial markets. Lucy Rigby, the Economic Secretary to the Treasury, stated that this position will promote the use of Blockchain technology to achieve the issuance, trading, and Settlement of traditional assets such as stocks and bonds.