UK Gilts
Nearly 300 years old, and still central to the financial system.
Real-world asset
LIQUIDAAbout Liquida
Why We Built Liquida
Who we are
Liquida is building regulated liquidity infrastructure for UK gilts. We believe institutions should be able to access sterling liquidity against sovereign collateral without being forced to sell the asset or depend on limited market windows.
Problem
Liquidity still means selling the asset
UK gilts have been part of the financial system for almost 300 years. They remain some of the highest-quality assets in the market, yet liquidity against them is still constrained by market hours, settlement cycles, and fragmented repo access.
If institutions need liquidity, the simplest route is often to sell the asset. That can mean realising gains, paying transaction costs, and later trying to rebuild the same position. For some institutions, selling is not straightforward because of internal mandates, regulatory constraints, or limited access to traditional repo markets.
We think there should be a better way to access liquidity against sovereign collateral without giving up the asset itself.
Model
Rethinking sovereign collateral.
The underlying asset remains on the balance sheet.
What Liquida adds is a controlled layer that allows institutions to access sterling liquidity against that collateral, instead of relying on a sale, a market window, or fragmented bilateral access.
FCA Regulated Custody
The asset remains where institutions expect it to be.
Legal integrity
Liquida Collateral Layer
A controlled layer that makes collateral usable without forcing a sale.
Risk-bounded
Sterling Liquidity
Sterling liquidity against the asset, without depending on market hours.
24/7 access
Why it matters
Institutions should not have to exit a high-quality position just to raise cash.
Liquida is designed to let sovereign collateral remain in place while making it more usable, with clear controls, auditable access and without depending on traditional market hours.
Governance
Built to work inside safeguards, not around them.
Making collateral more usable only matters if institutions can trust the controls around it. That means defined risk parameters, coordinated operational changes, permissioned access and clear regulatory alignment from the start.
Risk Engine
Liquidity parameters sit within a defined risk framework, using high-quality market data and clear controls over how collateral can be used.
Change Management
Operational changes require coordinated approval. No single person can alter key configurations alone.
Regulatory Alignment
Liquida is being built within the Bank of England’s Digital Securities Sandbox. We are working inside existing regulatory safeguards, not trying to work around them.
Client Safeguards
All institutional participants undergo full KYB, KYC and AML onboarding. Access is permissioned, monitored and auditable from end to end.
Team
Meet The People Building Liquida
Learn more about the team behind Liquida, our execution model, and our long-term vision for institutional liquidity infrastructure.
Insights
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