Ctrl Alt enters Sync Lab at Bank of England
UAE regulated Ctrl Alt, a tokenization provider today has been approved to participate in the Bank of England’s Synchronization Lab program as a Synchronization Operator (SO). The Synchronization Lab provides a controlled environment to test and validate design options for synchronization between RT2 and SOs. The program also allows participants to explore new use cases, demonstrate the benefits of synchronization, and support ecosystem readiness for the settlement of tokenized assets.
The program is part of the Bank’s wider initiative to strengthen the UK’s monetary and financial stability through the synchronization capabilities of the renewed RTGS service, RT2.
As per the press release, Ctrl Alt will demonstrate the integration of distributed ledger technology (DLT) with existing market infrastructure, with the aim of helping digitize UK capital markets.
As an SO, Ctrl Alt will help create an open ecosystem designed to support the issuance, trading, and settlement of digital assets. The firm will develop a synchronization and orchestration layer to enable interoperability across multiple digital securities depositories, blockchain protocols, and traditional financial systems. This layer will support atomic Delivery versus Payment (DvP) between digital securities on external ledgers and cash in RT2.
Matt Ong, CEO & Founder of Ctrl Alt, said, “The program represents an important step in the integration of digital assets into existing financial markets. This opportunity allows us to demonstrate how tokenized assets can interact with RT2 and other market infrastructure in a secure and efficient way. By collaborating with other SOs in the Lab, we aim to contribute to a system that benefits from real market experience and feedback, ensuring it is both robust and adaptable as the UK’s capital markets continue to evolve.”
The announcement follows Ctrl Alt’s admission into the Bank of England’s Digital Securities Sandbox (DSS), which facilitates innovation in the issuance, trading and settlement of securities in the UK.
As of February 2026, Ctrl Alt has tokenized over $850 million in assets, spanning real estate, private credit, funds, commodities and more. For more information visit ctrl-alt.co
