CoinScoopIndia Launches Tokenized Corporate Bond Pilot with Major Issuers
The Securities and Exchange Board of India (SEBI) announced the launch of "Demat 2.0" on September 10, a pilot program designed to link corporate bond issuance with fund settlement on a digital infrastructure. Major firms including REC Limited, L&T Limited, and IIFL have issued approximately 16 billion yen worth of tokens under this initiative.
Summaries are written by AI from the original article. Not investment advice.