The UK completed its final transfer of 752 million pounds (~$1 billion) in frozen Russian assets to Ukraine on April 15, 2026, fulfilling a three-tranche agreement totaling 2.26 billion pounds for Ukrainian defense. The funding flows through the G7's ERA initiative, which uses profits from approximately $300 billion in frozen Russian sovereign assets to finance Ukraine's war effort. This was the third and final tranche of the bilateral UK-Ukraine agreement, with previous transfers totaling 1.5 billion pounds disbursed in March and April 2025. The broader G7 ERA program represents a novel mechanism for converting frozen state assets into wartime support without requiring formal asset seizure or triggering wider sanctions escalation.