India Launches Tokenized Bond Pilot With $107 Million Issued
Source Summary
India's securities regulator SEBI has launched a pilot program for tokenized bonds, with $107 million issued in the initial phase. Later phases of the Demat 2.0 initiative will introduce secondary trading and expand access to retail investors.
Why it matters
This pilot represents India's move to digitize government securities infrastructure and eventually broaden bond market participation beyond institutional investors.
