Thursday, February 12, 2026 — London The UK government moved closer Thursday to issuing sovereign bonds via digital platforms, marking a significant step in financial modernization efforts.
Officials confirmed preparatory work is underway to pilot a “digital gilt,” leveraging distributed ledger technology to streamline issuance and settlement processes.
The initiative aims to enhance transparency, reduce transaction costs and position London as a leader in fintech innovation.
Financial analysts say the move aligns with broader efforts to maintain the City of London’s global competitiveness post-Brexit.
While details remain under consultation, the Treasury indicated that market participants have responded positively to exploratory discussions.
If implemented successfully, Britain would join a small group of nations experimenting with blockchain-based sovereign debt instruments.