Woofun AI reports that a UK government-backed industry working group estimates tokenized financial markets could contribute up to £33 billion ($44 billion) to annual economic output by 2035. The group proposes a 12-month pilot for blockchain-based securities lending and urges the issuance of the UK's first tokenized government bond by the first quarter of 2027. Ripple endorsed the initiative, noting that on-chain funds, bonds, and repurchase agreements offer superior cost, speed, and efficiency compared to traditional systems.