Altcoins News
By Julie Binoche
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What DEMAT 2.0 Actually Does. The DEMAT 2.0 wallet is probably the most technically interesting piece of all this.
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Secondary Market Expected by December. After the three-month lockup ends, the plan gets more ambitious.
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Broader Context for India's Digital Finance Push. India has been building toward something like this for a while.
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India is moving fast. The country plans to kick off a tokenized corporate bond pilot as early as September, with state-controlled REC Limited set to issue less than 5 billion…
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It's a small number by global debt market standards. But the mechanics behind it are anything but small.
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No official comment from RBI, SEBI, or REC Limited so far.
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The DEMAT 2.0 wallet is probably the most technically interesting piece of all this. India already runs a mature DEMAT system for equity and bond holdings — millions of retail…
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And that's kind of the whole pitch for tokenized bonds globally right now. Traditional bond settlement can take days, involves multiple intermediaries, and creates reconciliation…
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The CBDC angle matters too. Wholesale CBDC isn't the retail digital rupee that the RBI has been quietly testing with consumers.
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After the three-month lockup ends, the plan gets more ambitious. Exchanges are expected to build out a secondary market for these tokenized bonds by December, which would let a…
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Read also: Zondacryptos Przemysław Kral Negotiates Deal Amid $650 Million Fraud Allegations
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It's worth noting that secondary market liquidity for tokenized assets has been a persistent problem globally.
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That's not a knock on the initiative. It's just the honest reality of where tokenized fixed income sits right now — promising infrastructure, still thin markets.
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India has been building toward something like this for a while. The RBI's wholesale CBDC trials have been running in the background, mostly involving government securities…
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The collaboration between the two regulators is pretty significant on its own. RBI controls the currency and the payments rails. SEBI controls the securities markets.
The Currency Analytics
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