# India starts tokenizing its $620 billion corporate bond market with digital rupee settlement

https://mins.news/en/item/54067

- CoinDesk, 2026-09-11 05:13 UTC
- Economy
- Original: https://www.coindesk.com/markets/2026/09/11/india-starts-tokenizing-usd620-billion-corporate-bond-market-with-digital-rupee-settlement

> India’s SEBI has launched the Demat 2.0 pilot, converting corporate bonds into digital tokens and settling payments through the Reserve Bank of India’s wholesale digital rupee. Secondary trading and retail participation are expected in later phases.

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