R3 to Provide Technical Support for UK Regulatory Accountability Network and Promote Asset Tokenization

R3 and Quant, two digital asset companies, have been selected to provide services to the UK Regulatory Responsibility Network (RLN). R3 is an enterprise-focused permissioned blockchain provider and Quant is a tokenization service provider that supports traditional financial institutions. RLN, led by UK Finance and supported by EY and Linklaters, aims to create a universal platform for shared ledgers for tokenized forms of deposits, transfers, and payments.