CoinScoopIndia Launches Tokenization for $620 Billion Corporate Bond Market
The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) have initiated a "Demat 2.0" pilot program. This project issues corporate bonds as digital tokens, settled using the wholesale digital rupee. Three companies have already raised approximately $107 million through this initiative.
Summaries are written by AI from the original article. Not investment advice.