CryptoDecryptabout 1 hour ago
India Launches Tokenized Corporate Bond Pilot
1 min read
India's securities regulator SEBI and the Reserve Bank of India launched 'Demat 2.0,' a pilot to issue and settle corporate bonds as digital tokens on a permissioned ledger. Three issuers have raised a combined 1,025 crore rupees (~$107 million). The system links to the RBI's wholesale digital rupee for atomic settlement, with smart contracts automating interest and redemptions.
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