India’s SEBI Demat 2.0 pilot debuts with over $100 million in tokenized bonds
60-second summary
India’s SEBI Demat 2.0 pilot launches as three issuers raise more than $100 million in tokenized corporate bonds, settling the trades through a wholesale central‑bank digital currency (CBDC). The initiative showcases blockchain‑based settlement, reduces clearing times and operational costs, and signals broader adoption of digital assets, potentially accelerating tokenization across India’s bond market.
India's SEBI Demat 2.0 pilot saw three issuers raise over $100 million in tokenized corporate bonds, with settlement via wholesale CBDC.