[Bank of England Collaborates with Multiple Companies for Distributed Ledger Settlement Testing] According to Cointelegraph, the Bank of England has launched an industry experiment program aimed at exploring the synchronized settlement of pounds sterling and tokenized assets through distributed ledger technology. The 'Synchronization Laboratory' program will allow 18 institutions to test settlement mechanisms between its next-generation RTGS core ledger and external distributed ledger platforms in a non-live environment. The six-month pilot is scheduled to begin in the spring of 2026 and aims to evaluate the interoperability between central bank money and tokenized assets. Participants include companies such as Chainlink, UAC Labs, and Ctrl Alt, which will respectively test use cases like decentralized synchronized settlement and tokenized securities delivery versus payment. The Bank of England stated that the experimental results will be used to refine the synchronization functionality design of its RTGS system.