REGULATION · UK
UK government selects six banks as lead managers for Digital Gilt Instrument pilot
UK government named six major banks as joint lead managers for Digital Gilt Instrument (Digit) pilot, a blockchain-based government bond issuance. Marks official sandbox for distributed ledger settlement in UK public debt markets.
WHY IT MATTERS
Central bank-led DLT pilot signals regulatory acceptance of blockchain settlement for fixed-income; if successful, pressures all custodians and settlement firms to adopt tokenized asset infrastructure.
Source: Finextra · 2026-10-06