SEBI Demat 2.0 pilot starts with ₹1,025 crore tokenized bonds
India’s securities regulator said three issuers raised ₹1,025 crore (about $107.2 million) via tokenized corporate bonds under its Demat 2.0 pilot, using distributed ledger technology to issue and hold instruments.
0 pilot. The Securities and Exchange Board of India said in a statement that the system uses distributed ledger technology to issue and hold the bonds.