India Initiates Tokenisation of $620 Billion Corporate Bond Market via Digital Rupee Settlement
India is embarking on a groundbreaking journey to modernise its corporate bond market, which is valued at roughly $620 billion, by introducing tokenisation and settlement through the country’s wholesale digital currency, the digital rupee. This initiative, spearheaded by the Securities and Exchange Board of India (SEBI) under its Demat 2.0 pilot programme, seeks to replace traditional paper‑based…
Sept. 11, 2026, 5:13 a.m.