EconomyIndia’s tokenized bond pilot starts with institutions, with retail access planned next
India’s securities regulator has launched a tokenized bond pilot linking corporate bonds with cash settlement on digital rails. The first three issuances by REC, L&T and IIFL moved ₹1,025 crore. Institutional issuance is covered in Stage I, while tokenized secondary trading and retail participation are planned for Stage II.
India’s tokenized bond pilot starts with institutions, with retail access planned next
Economy