Company
UK retail and commercial banking group headquartered in Edinburgh.
The TUC says cutting the bank surcharge from 8% to 3% in 2023 cost the UK £6bn over three years. It wants a higher rate at the 28 October budget, so bank finance teams have a scenario to price while the Treasury has not stated its intentions.
Reality
Britain's Treasury named six banks, among them Barclays, HSBC and Morgan Stanley, to underwrite DIGIT, its first digitally native gilt, due by end-Q1 2027. The choice settles who sells sovereign debt onchain well before the bond's yield can show what onchain settlement costs.
Perspective Coverage
6 publishersReality
FINOS says its bank-funded OSERA alliance now ships patched builds of more than 50 older open-source project lines that member banks still run. The signed, tested builds go only to paying members, while anyone can read the patched source.
Reality
Lloyds polled 100 senior UK finance decision-makers and 60% named faster settlement as tokenization's biggest opportunity, ahead of collateral at 41%. The poll points to a payoff counted in freed liquidity, and the banks' first sizeable test comes with bond issues planned for early 2027.
Perspective Coverage
3 publishersReality
The Clearing House, owned by 25 of the largest US banks, picked Quant to power a tokenized deposit network it expects to launch in the first half of 2027. QNT's 300% weekly rally is a bet that fees from those banks will one day run through the token.
Reality
Lloyds, NatWest, Barclays and HSBC settled Britain's first interbank transfers of tokenised sterling deposits in three pilot transactions. The Bank of England favours such tokens over private stablecoins, yet it still sketches a system where the two convert at par.
Reality
ASB Bank, Bank of America, Capital One, Commonwealth Bank of Australia, ING Group and NatWest set out transparency, safety, privacy, choice and interoperability in a document KeyBanc called voluntary and non-binding.
Reality