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BREAKING: 🇮🇳 SEBI to launch pilot for Tokenisation of corporate bonds using Distributed Ledger Technology (DLT).
🔹 Rollout in 6-9 months
🔹 Targets India's $560B+ corporate bond market
🔹 Goal: Better liquidity & instant settlements
🔹 Aligned with NITI Aayog's recommendation
A G20 nation tokenising its bond market = massive validation for the RWA narrative.
India taxes crypto at 30%, but embraces blockchain for TradFi. The tokenisation race is heating up.