TechFlow News: On February 11, according to CoinTelegraph, the Bank of England announced the launch of its “Synchronisation Lab” initiative, partnering with 18 companies to test how distributed ledger technology (DLT) can be used for settling tokenized sterling assets. This six-month pilot is set to begin in spring 2026 and includes participants such as market infrastructure providers, banks, and Web3 companies—including Chainlink and UAC Labs. The pilot aims to validate the Bank’s design choices for synchronous settlement, assess interoperability between central bank money and tokenized assets, and inform the modernization of the UK’s Real-Time Gross Settlement (RTGS) system.
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