# Tokenised GBP

> The Premier British Pound Stablecoin

Tokenised GBP is a British Pound stablecoin backed 1:1 by cash and short-term UK gilts, available for minting, trading, and DeFi use across multiple blockchains.

Tokenised GBP (tGBP) is a GBP-denominated stablecoin where each token is backed 1:1 by cash and short-term UK gilts held in institutional custody in the UK. Eligible businesses can mint tGBP by transferring GBP via Faster Payments or CHAPS, with tokens issued to a wallet on the blockchain of choice. tGBP can be used in DeFi protocols, transferred globally, or redeemed back to GBP, and is listed on major cryptocurrency exchanges.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2023-01-01
- Profile: https://thegrid.id/profiles/tokenised_gbp

## Products

- [tGBP](https://thegrid.id/profiles/tokenised_gbp): tGBP is a GBP-pegged stablecoin issued by BCP Technologies Ltd, backed 1:1 by pound sterling and short-term UK gilts held in segregated accounts with regulated UK financial institutions. Smart contracts are audited by OpenZeppelin and reserves undergo monthly independent attestations for transparency. The token uses LayerZero OFT standard for cross-chain transfers across multiple blockchain networks, enabling DeFi integration and global value transfer. (Stablecoin Issuer, Live, Main Product)

## Assets

- [Tokenised GBP (TGBP)](https://thegrid.id/profiles/tokenised_gbp): tGBP is a GBP-pegged stablecoin issued by BCP Technologies Ltd. It is used for payments, cross-border transfers, and DeFi integration across multiple blockchains. Each token is backed 1:1 by GBP cash and short-term UK gilts held in segregated accounts at UK-regulated banking institutions, with monthly independent reserve attestations. (Stablecoin)

## Links

- [Main](https://www.tokenisedgbp.com)
- [Blog](https://www.tokenisedgbp.com/blog)
- [Media Kit/branding](https://www.tokenisedgbp.com/media-assets)
- [Terms of Service](https://www.tokenisedgbp.com/terms)
- [Privacy policy](https://www.tokenisedgbp.com/privacy)
- [LinkedIn](https://www.linkedin.com/company/tokengbp)
- [Twitter / X](https://x.com/tokenGBP)
- [GitHub](https://github.com/bcp-markets)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP