At the Code Node Conference Centre in London on October 6th, 2025, industry leaders and regulators explored how the UK can leverage its word-class regulatory infrastructure and innovation to become a global hub for tokenisation.
Jonny Fry, CEO at TeamBlockchain, said that while the UK accounts for 38% of daily FX turnover and the English common law system has been exported around the world, there needs to be a comprehensive conversation around why the country needs tokenisation.
“People think of the UK as the gold standard in regulation. My annoyance is that we’ve been holding onto that too closely. We should unleash it and show off London’s legal and creative tech, which is second only to New York.”
Echoing this sentiment, Oliver Tonkin, CEO of digital assets payment provider BCB Group, said there is a markedly more optimistic tone in the UK’s tokenisation landscape.
“There was a perception internationally that the UK wasn’t open for business in this space – that has changed.”
“However, what’s missing is a Sterling coin, that needs to change if we want mass institutional or even retail adoption of tokenised funds.”
Meanwhile, The FCA hopes that greater regulatory clarity can help the UK, and London in particular, establish itself as a leader in new digital markets, not just a historic financial centre.
Also speaking on the panel, Mhairi Jackson, asset management policy manager at the FCA, said the regulator will soon publish a consultation with a blueprint for tokenised fund structures.
“With £14 trillion in UK-managed assets, the country must evolve to meet the expectations of younger investors who want instant liquidity and transparency in today’s market. We need products and infrastructure to support that generation as they invest in the years ahead.”
