India Begins Tokenizing Its $620 Billion Corporate Bond Market

Crypto Insight Summary: SEBI and the RBI's "Demat 2.0" pilot issues corporate bonds as digital tokens and settles them with the wholesale digital rupee, with three companies already raising about $107 million. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Tokenization of bonds may boost institutional interest but limited direct impact on crypto markets.