Tokenised GBP
TGBP Price
How is the price of Tokenised GBP (TGBP) calculated?
The price of Tokenised GBP (TGBP) is calculated in real-time by aggregating the latest data across 12 exchanges and 14 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Tokenised GBP Jumps 0.55% After Coinbase Listing
Tokenised GBP Price Chart (TGBP)
Switch & Compare
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.1% | 0.5% | 1.8% | 1.5% | 2.3% | - |
TGBP Converter
Tokenised GBP Statistics
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$31,068,585 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
|
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$31,068,585 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$152,499 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
23,593,229 |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
23,593,229 |
|
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
TGBP Historical Price
| 24h Range | $1.32 – $1.32 |
|---|---|
| 7d Range | $1.32 – $1.34 |
| All-Time High |
$1.38 4.7%
Jan 29, 2026 (5 months)
|
| All-Time Low |
$1.30 1.3%
Apr 13, 2026 (2 months)
|
How do you feel about TGBP today?
About Tokenised GBP (tGBP)
Tokenised GBP (tGBP) is a fiat-backed stablecoin that provides a digital, on-chain representation of the British Pound Sterling for use in decentralized finance and global payments.
- Maintained at a 1:1 peg to the British Pound Sterling through a reserve of cash and short-term UK government gilts.
- Issued by a UK firm registered with the Financial Conduct Authority (FCA) to ensure regulatory compliance and transparency.
- Operates as a multi-chain asset available on networks including Ethereum, Solana, and Base to facilitate programmable transactions.
What Is Tokenised GBP
Tokenised GBP serves as a bridge between traditional British finance and blockchain ecosystems, allowing users to hold and transfer sterling value digitally. Value moves through the system by minting new tokens when GBP is deposited into a regulated UK bank account and burning tokens when users redeem them for fiat currency. The token is put to work by providing liquidity in decentralized exchanges, serving as collateral in lending protocols, and enabling instant, 24/7 cross-border settlements. As the ecosystem grows, the protocol scales by expanding its multi-chain presence and integrating with a wider range of institutional and retail financial applications.
What Makes Tokenised GBP Unique
- Regulatory Oversight: It is the first British Pound stablecoin issued by a firm registered with the UK Financial Conduct Authority (FCA).
- Transparent Backing: Reserves consist exclusively of cash and high-liquidity HM Treasury zero-coupon bonds (gilts), with monthly independent attestations.
- Institutional-Grade Security: Smart contracts are audited by OpenZeppelin, a leading security firm in the blockchain industry.
- Multi-Chain Accessibility: Supports native issuance across six major blockchain networks, reducing fragmentation for users and developers.
What Can You Use Tokenised GBP for?
Tokenised GBP identifies the British Pound Sterling as its specific pegged asset.
- Value retention: The asset allows users to hold a digital representation of the British Pound Sterling on-chain, which may help reduce exposure to the volatility typically associated with the broader cryptocurrency market.
- Yield generation: Users can access yield by providing tGBP as liquidity in decentralized finance (DeFi) protocols or through lending platforms, though the source does not specify native yield from sovereign debt for individual holders.
- Cross-border settlement / value transfer: It provides a mechanism for near-instant international remittances and global trade settlement, bypassing the delays and fees often found in traditional banking systems.
- Collateralization: Tokenised GBP can be used as collateral within borrowing and lending protocols or as margin for decentralized derivatives trading.
How Does Tokenised GBP Work?
Tokenised GBP operates using a mint-and-burn mechanism where each token in circulation is backed 1:1 by reserves held in UK-based institutional custody. Eligible businesses mint tokens by transferring GBP via Faster Payments or CHAPS to the issuer's banking partners, triggering the issuance of an equivalent amount of tGBP to their specified wallet. The protocol employs smart contracts to manage the supply across multiple blockchains, ensuring that the total number of tokens always matches the verified reserves. Users pay protocol service fees for transactions on their respective networks, such as Ethereum or Solana, while redemptions allow for the conversion of tokens back into fiat currency at the 1:1 peg.
Team Info and Investors
The project is managed by a UK-based firm focused on bridging traditional finance and blockchain technology, prioritizing regulatory compliance through its FCA registration. While the source does not list specific individual founders or venture capital investors, it highlights partnerships with institutional banking providers and security auditors like OpenZeppelin. Governance is centralized under the issuing entity to maintain strict adherence to UK financial regulations and reserve management standards.
Where can you buy Tokenised GBP?
TGBP tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Tokenised GBP is Coinbase Exchange, where the most active trading pair TGBP/USDC has a trading volume of $61,032.72 in the last 24 hours. Other popular options include Kraken and Uniswap V3 (Ethereum).
What is the daily trading volume of Tokenised GBP (TGBP)?
The trading volume of Tokenised GBP (TGBP) is $152,498.87 in the last 24 hours, representing a 50.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Tokenised GBP (TGBP)?
Tokenised GBP (TGBP) reached an all-time high of $1.38 and an all-time low of $1.30. It’s now trading -4.70% below that peak and 1.30% above its lowest price.
What is the market cap of Tokenised GBP (TGBP)?
Market capitalization of Tokenised GBP (TGBP) is $31,068,585 and is ranked #625 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TGBP tokens (24 Million tokens are tradable on the market today).
What is the fully diluted valuation of Tokenised GBP (TGBP)?
The fully diluted valuation (FDV) of Tokenised GBP (TGBP) is $31,068,585. This is a statistical representation of the maximum market cap, assuming total number of 24 Million ETH tokens are in circulation today.
How does the price performance of Tokenised GBP compare against its peers?
With a price decline of -1.80% in the last 7 days, Tokenised GBP (TGBP) is outperforming the global cryptocurrency market which is down -3.20%, while underperforming when compared to similar Stablecoins cryptocurrencies which are down -0.30%.
How to add Tokenised GBP (TGBP) to MetaMask?
Adding Tokenised GBP (TGBP) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TGBP as a token. You can copy TGBP’s contract address (0x27f6c8289550fce67f6b50bed1f519966afe5287) and import it manually, or if you've installed MetaMask's chrome extension, add TGBP to MetaMask with one click on CoinGecko.
Add TGBP to MetaMask.
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