Issuers raise $107M through tokenized corporate bonds in India's SEBI Demat 2.0 pilot

Crypto Insight Summary: Three companies sold ₹1,025 crore ($107.2 million) of corporate bonds as digital tokens in the first run of Demat 2.0, India’s regulator-led pilot. The pilot is the first real test of issuing and settling Indian corporate debt on a shared digital ledger within the country’s current market system. What milestone did India accomplish? The Securities... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Tokenized bonds in India signal institutional adoption but limited direct impact on crypto markets.