India Begins Tokenizing Its $620 Billion Corporate Bond Market
SEBI and the RBI's "Demat 2.0" pilot issues corporate bonds as digital tokens and settles them with the wholesale digital rupee, with three companies already raising about $107 million.
Key Takeaways
- SEBI and the RBI's "Demat 2.0" pilot issues corporate bonds as digital tokens and settles them with the wholesale digital rupee, with three companies already raising about $107 million.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in CBDC
RBI Expands Digital Rupee Pilot to More Cities and Banks
The Reserve Bank of India has widened its retail digital rupee (e-rupee) pilot, adding more participating banks and cities. The central bank reports steady growth in wallet sign-ups and offline transaction testing. Officials say the CBDC is designed to…
RBI Expands Digital Rupee Pilot to More Cities and Banks
The Reserve Bank of India has widened its retail digital rupee (e-rupee) pilot, adding more participating banks and cities. The central bank reports steady growth in wallet sign-ups and offline transaction testing. Officials say the CBDC is designed to…
India’s SEBI Demat 2.0 pilot debuts with over $100 million in tokenized bonds
India's SEBI Demat 2.0 pilot saw three issuers raise over $100 million in tokenized corporate bonds, with settlement via wholesale CBDC.