poundtoken (Ticker: GBPT) is a GBP-pegged stablecoin issued by Blackfridge SC Limited. poundtoken and its issuer are regulated by the Isle of Man Financial Services Authority (IOM FSA), making poundtoken the first regulated stablecoin in the British Isles. poundtoken holds 100% fiat reserves in safeguarded segregated accounts with a European bank. KPMG is appointed to provide monthly proof of reserve attestations and annual financial audits.