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News · Crypto · Cointelegraph · Fri, Oct 2, 2026 5:00 PM

UK banks eye tokenization to speed payments, survey shows

Image from the source feed · Cointelegraph

Lloyds survey reveals 71% of UK finance leaders anticipate tokenization will improve payment speed and settlement, driving infrastructure development.

A recent Lloyds survey found that 71% of UK finance leaders expect tokenization to reshape financial services.

Tokenization's Key Advantages

Respondents highlighted faster payments and quicker settlement as the most significant benefits.

The findings come as the UK works to build infrastructure to support tokenized finance.

Based on reporting from Cointelegraph. Read the original.

OpenBook analysis

Market impact

Tokenization could influence banks’ technology strategies and payment infrastructure investments. Investors may monitor developments in UK fintech and regulatory updates that support tokenized assets.

General market context for education only, not investment advice.

This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections