The UK Financial Conduct Authority (FCA) has proposed tokenizing funds on public blockchains like Ethereum to modernize asset management practices and attract younger investors. This initiative, outlined in their consultation paper CP25/28, aims to enhance capital efficiency, increase investor participation, and pave the way for a $30B market expansion by 2025. 💰 By leveraging blockchain’s innovation, the FCA hopes to drive transformative changes in how funds are managed, with potential benefits extending to operational efficiencies and financial markets. 🚀 This proposal also represents a step towards global leadership in blockchain integration for asset management. 🌍