The UK Treasury releases a new report on fund tokenization

The UK Treasury's Technical Working Group, the government's Department of Economy and Finance, has released a new report on potential use cases of fund tokenization. This report explores the use of tokens as collateral for money market funds and the potential role that tokenized funds may play in the on chain investment market. The report provides an overview of how the UK fund industry can effectively utilize the potential of tokenization for asset management, and details how companies operating in the UK adopt a fundamental tokenization model. In addition, it explains various use cases and demonstrates how this model can enhance a company's business operations, such as optimizing collateral management for money market funds.