Crypto readiness score
2/3 status dimensions verified · 1 initiative · last verified 2026-10-31
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 10.5 | Pilot / proof of concept · initiative |
| Regulatory standing | 25 | — | No verified status — not scored |
| Technical delivery | 20 | 15 | Live — restricted / specific counterparties · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Tokenized deposits |
| Recent verified activity | 5 | 5 | Last verified change 2026-09-24 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Tokenized deposits · United Kingdom
Great British Tokenised Deposit (GBTD): tokenised sterling deposits, first live customer transactions
- regulatory
- Unknown
- technical
- Live — restricted / specific counterparties2026-09-24
- commercial
- Pilot / proof of concept2026-09-24
UK Finance launched the GBTD industry pilot on 26 September 2025 to deliver the first UK live transactions of tokenised sterling deposits, with Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide and Santander (Monzo joined later as the 7th participant). On 24 September 2026 UK Finance said the participating banks had completed the first live customer transactions using tokenised sterling deposits, including remortgage completions and a consumer marketplace purchase, on the GBTD platform developed by Quant.
Scope: Seven participants (Monzo joined January 2026 as 7th); retail live pilots completed September 2026; convened by UK Finance; platform by Quant.
In tracker · last verified 2026-10-31
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- Great British Tokenised Deposit (GBTD), convened by UK Finance · named role (tracker) · consortium member
- BCV · named role (tracker) · convenor
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-07-30Pilot · Bank for International SettlementsBIS Project Agorá completes real-value testing with 28 institutions, including five Korean banks settling KRW alongside the Bank of Korea
Markets (from stated target markets): United Kingdom
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-09-24 · Status
UK Finance: participants executed the first set of live retail transactions (remortgage completions and a consumer marketplace purchase) in the GBTD retail live pilots.
2026-09-24 · Status
Live transactions were part of pilots; further pilots on digital-asset settlement are expected; no general availability stated.
2026-07-30 · Item
Bank for International Settlements
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
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