India Is Turning Its $620 Billion Corporate Bond Market Into Digital Tokens

India is turning tokenized corporate bonds into a real-world experiment, bringing blockchain infrastructure to a market worth roughly $620 billion. The pilot, launched by India’s securities regulator and central bank, connects digital bond issuance with the country’s wholesale digital rupee.The initiative, called “Demat 2.0,” was unveiled last week at the Global Fintech Fest by the Securities and Exchange Board of India (SEBI) alongside the Reserve Bank of India (RBI). Ra