Barclays makes its first investment in stablecoin-related company Ubyx, to explore "tokenized currency" within the regulatory framework.

Techub News reported, according to Reuters, UK bank Barclays said it has invested in US stablecoin settlement firm Ubyx, marking its first investment in a stablecoin-related company, but did not disclose the investment size or valuation. Ubyx, launching in 2025, provides a stablecoin clearing system aimed at coordinating tokens created by different issuers and enabling settlement. PitchBook information shows that Coinbase and Galaxy Digital's venture capital arms had previously invested in Ubyx. Barclays stated that both parties will work on developing "tokenized money" within regulatory boundaries.