India launches tokenized corporate bond pilot with $107M issued
SEBI and the Reserve Bank of India launched a tokenized corporate bond pilot via Demat 2.0, with three companies issuing a combined 10.25 billion rupees (about $107 million).
India’s securities regulator and central bank have launched a tokenized corporate bond pilot, with three companies issuing a combined 10.25 billion rupees, or about $107 million, through the new market infrastructure. On Thursday, the Securities and Exchange Board of India (SEBI) said Demat 2.0 allows…