The UK Treasury has released a new report on fund tokenization, exploring the use of tokens as collateral for money market funds

ChainCatcher news, the UK Treasury's technical working group has released a new report on fund tokenization. This new report builds on the first report published by the technical working group in November 2023 and expands on the potential use cases for fund tokenization that were highlighted for the first time in the initial report. It specifically explores the use of tokens as collateral for money market funds and the role of tokenized funds in fully on-chain investment markets.

In the third phase of work, the technical working group will now focus on how the UK investment management sector can leverage the opportunities brought by artificial intelligence.