[UK Plans to Issue First Tokenized Sovereign Bond by Early 2027, On-Chain Cash Settlement Still Unresolved] Odaily Planet Daily News: The UK plans to issue its first tokenized sovereign bond by early 2027, with the key prerequisite being the resolution of on-chain cash settlement issues. This problem has hindered institutional adoption of digital bonds for years. Industry experts indicate that the plan may have garnered sufficient support from the UK Treasury, the Bank of England, and regulatory bodies, allowing it to proceed despite recent political changes and potentially increasing demand for UK debt. Progress is currently constrained by the lack of standardized on-chain payment methods, a mature GBP stablecoin, and regulatory clarity.