India Starts Tokenizing USD 620 Billion Corporate Bond Market With Digital RupeeBy Kelvin MuneneSeptember 17, 20260 India has launched the Demat 2.0 pilot to issue and settle tokenized corporate bonds using the RBI’s wholesale digital rupee. REC, Larsen & Toubro and IIFL Finance have raised Rs. 1,025 crore through the new system.
