Bank of England Wants 24/7 Settlement — Here's Why That's a Huge Door Opener for Tokenized Finance
(132 days ago) · 1 source · Summarized by CryptoBipto
The Bank of England is developing plans to enable round-the-clock settlement in core financial markets, a move that aligns closely with the capabilities of blockchain-based tokenized finance. This initiative signals that traditional financial infrastructure is evolving toward the always-on model that crypto and tokenized assets already operate on.
WHY IT MATTERS
Think of how banks currently work — they're like a store that's only open 9-to-5 on weekdays. If you want to settle a big financial transaction on a Saturday night, you're out of luck until Monday. The Bank of England wants to change that and make the financial system work like the internet — always on, 24/7. This matters for crypto because blockchain technology already works this way. Tokenized finance — which means putting traditional assets like bonds or stocks onto a blockchain — could be the tool that helps banks achieve this goal. It's like the traditional finance world is building a highway that leads right to crypto's front door.
Read the full analysis with a CryptoBipto membership
Members can read the full analysis of every story, not just the headline.
Get startedSOURCES
- Source
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.
- How are institutions and regulators approaching crypto?What institutional adoption means in crypto, how spot ETFs and corporate treasury holdings work, and how regulation shapes what is available to ordinary users.
- How do crypto trading and market structure work?How crypto markets are actually built — spot and futures, margin and leverage, liquidation, market makers, spreads and slippage — explained term by term.