India to Pilot First Tokenized Corporate Bonds Using Digital Rupee
India is preparing to pilot its first tokenized corporate bonds in September, with the state-controlled REC issuing the debt. The initiative will involve selected investors using wholesale CBDC payments, settling transactions on a blockchain-based infrastructure.
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India plans first tokenized bonds using wholesale CBDC: Report
India plans to test tokenized corporate bonds in a September pilot, with state-controlled REC issuing the debt and select investors using wholesale CBDC payments.
India to launch first tokenized corporate bonds using digital rupee
India has set plans to launch its first tokenized corporate bonds next month through an REC issue of less than 5 billion rupees ($57 million), with the digital rupee set to settle transactions on blockchain-based infrastructure. Reuters reported on Aug.…

