Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has had recent discussions with her international partners on the potential impact of real world asset tokenisation on economic growth.

The UK has ongoing dialogues with other jurisdictions, particularly those that are pioneering the use of distributed ledger technology, such as Singapore and Hong Kong, to share knowledge about tokenisation, including its potential benefits.

UK regulators also participate in a range of international initiatives relating to tokenisation, such as Project Guardian, ran by the Monetary Authority of Singapore and Project Agora, coordinated by the Bank of International Settlements.