Cointelegraph reported that approximately three-quarters of major UK financial institutions expect tokenization to reshape financial services. This is according to a survey conducted by Lloyds Banking Group, the UK's largest financial services provider, targeting 100 senior decision-makers from local major banks, insurers, asset managers, and investment firms. 60% of respondents cited improved payment and settlement speed as the biggest advantage of tokenization. 41% identified improved collateral and liquidity management as a key benefit.
