UK FCA Chairman: Will release fund tokenization blueprint later this year

Odaily News Ashley Alder, chairman of the UK Financial Conduct Authority (FCA), said in a speech on Thursday that it has been working with a technical working group to develop a blueprint for fund tokenization, and the working group will release this content later this year. In February this year, the FCA released a discussion paper on updating and improving the country’s asset management system, covering “how fund managers can use distributed ledger technology to provide fully digital funds to the public.”