Quant (@quantnetwork): The UK's first digitally native government bond just moved closer to market.
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- QNT+18Positive
The UK's first digitally native government bond just moved closer to market. @hmtreasury has appointed six Joint Lead Managers for #DIGIT, the Digital Gilt Instrument pilot, with issuance expected by Q1 2027. It will test #DLT across the issuance and lifecycle of a gilt, with on-chain settlement in the Digital Securities Sandbox. A #digitalbond is only half the picture. For digital markets to work at scale, the securities leg and the cash leg need to settle together, often across different ledgers and systems. Quant's infrastructure connects #tokeniseddeposits, #tokenisedassets and existing RTGS and payment systems, so that #settlement is synchronised across them. Read the full announcement: https://www.gov.uk/government/news/uk-takes-next-step-towards-first-digitally-native-government-bond