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Pioneers split over future of UK’s digitalised market

Tokenisation provider urges industry to stop waiting for magic to make digitally issued securities possible

Map of the UK rests in a digital-looking landscape

Digital asset enthusiasts have clashed over how traditional capital markets should move onto distributed ledgers.

Benjamin Santos-Stephens, chief executive of digital asset infrastructure provider ClearToken, argued against the false binary that “to do tokenisation, you have to have everything originally issued on-chain”. 

He expects tokenised assets – whereby securities are physically created but

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