According to Foresight News, the UK Treasury's Technical Working Group has released a new report on the tokenization of funds. The report builds on the group's first report, published in November 2023, and expands on the potential use cases for tokenized funds initially emphasized 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 their work, the Technical Working Group will now shift its focus to how the UK investment management sector can leverage the opportunities brought by artificial intelligence.
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