The FCA has outlined a roadmap to help asset managers adopt blockchain and tokenization, aiming to boost efficiency and competition. The United Kingdom’s Financial Conduct Authority (FCA) revealed a roadmap to help asset managers adopt blockchain technology for fund tokenization.In a Tuesday announcement, the regulator said the initiative aims to “provide firms with additional clarity” to adopt tokenization and “drive innovation and growth in asset management.”“Tokenization has the potential to drive fundamental changes in asset management, with benefits for the industry and consumers,” said Simon Walls, executive director of markets at the FCA. “There are many things that firms can do under our existing rules and more that become possible with the changes we propose enacting now,” he added. Read more The FCA has outlined a roadmap to help asset managers adopt blockchain and tokenization, aiming to boost efficiency and competition. The United Kingdom’s Financial Conduct Authority (FCA) revealed a roadmap to help asset managers adopt blockchain technology for fund tokenization.In a Tuesday announcement, the regulator said the initiative aims to “provide firms with additional clarity” to adopt tokenization and “drive innovation and growth in asset management.”“Tokenization has the potential to drive fundamental changes in asset management, with benefits for the industry and consumers,” said Simon Walls, executive director of markets at the FCA. “There are many things that firms can do under our existing rules and more that become possible with the changes we propose enacting now,” he added. Read more

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more