UK House of Lords backs mandatory digital asset strategy over Labour position
The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.


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The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.

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Stablecoins and digital asset treasuries explained

As more companies with a crypto-treasury strategy have seen the premium of their shares to their crypto holdings narrow - or even turn into a discount - some i…
. Digital Asset raised $135 million from Goldman Sachs, Citadel and others to scale its Canton Network and drive tokenization of real-world assets in finance..

The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.

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