SEBI and RBI launch Demat 2.0 pilot for tokenized corporate bonds settled in wholesale digital rupee
SEBI and the RBI launched the Demat 2.0 pilot to issue, trade and settle tokenized corporate bonds using blockchain and the wholesale digital rupee, with three issuers raising ₹1,025 crore. REC and L&T each raised ₹500 crore and IIFL Finance ₹25 crore through the system.
Detected & updated continuously · Source: Nebula
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@bsindia
#Sebi has launched the #Demat2.0 pilot to test tokenised #corporatebond issuance, trading, and settlement using #DLT Three companies have already issued tokenised bonds worth ₹1,025 crore under the initiative. https://t.co/RG0utvGidp | @This_khushboo
@CoinpediaNews
🚨Latest: India enters the on-chain bond era as SEBI and RBI launch Demat 2.0, with 3 issuers raising ₹1,025 crore via CBDC settlement. #CoinPedia #Crypto #Web3 https://t.co/RTDpxDdOAu
@iiam_Akshay
INDIA JUST MOVED TOKENIZED BONDS INTO A LIVE PILOT RBI and SEBI have launched a pilot for tokenized corporate bonds. The pilot involves tokenized securities, smart contracts and CBDC-based settlement infrastructure. Reported issuance in the pilot has reached ₹1,025 crore
@reallive3tv
INDIA JUST PUT CORPORATE BONDS ON THE BLOCKCHAIN India has launched Demat 2.0, tokenizing corporate bonds and settling them using the RBI’s wholesale digital rupee. 💰 ₹1,025+ crore already tokenized in just one week: * REC - ₹500 cr * L&T - ₹500 cr * IIFL Finance - ₹25 cr https://t.co/f5uKlxAYSH
@CryptoTimes_io
JUST IN: SEBI has launched Demat 2.0, using blockchain to issue tokenized corporate bonds and settle them through the RBI’s wholesale digital rupee. REC and L&T have each raised ₹500 crore, while IIFL Finance raised ₹25 crore through the system. Secondary trading and retail https://t.co/Dhnif5uHR3
@moneygurusumit
🇮🇳 India just took another big step toward tokenized finance. SEBI + RBI launched India’s first tokenized corporate bond pilot using CBDCs and blockchain. And this could go beyond bonds: → Equities → Mutual funds → Electronic gold receipts The regulated financial assets https://t.co/lXgKudyHkD
@MasterMofc
SOVEREIGN TOKENIZATION SHIFT SIGNAL — India has initiated the tokenization of its $620 billion corporate bond market, settling transactions with the wholesale. • India tokenizes $620B corporate bond market • Settlement uses India's wholesale digital rupee (CBDC) • SEBI's https://t.co/YssyM8xEcK
@TRanjanofficial
BREAKING: 🇮🇳 SEBI has launched Demat 2.0 to use blockchain technology to issue tokenized corporate bonds and settle them using the RBI’s wholesale digital rupee. REC, L&T and IIFL Finance have already raised funds through the system: - REC: ₹500 crore - L&T: ₹500 crore - IIFL: https://t.co/o9b75rYvIr