India's SEBI tokenized bond pilot raises over $100 million

2026-09-11

India's Securities and Exchange Board of India (SEBI) has concluded its Demat 2.0 pilot program, successfully tokenizing corporate bonds worth more than $100 million. The initiative utilized wholesale central bank digital currency (CBDC) for settlement.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

India's Securities and Exchange Board of India (SEBI) has completed its Demat 2.0 pilot program by tokenizing corporate bonds. This initiative raised over $100 million using wholesale central bank digital currency for settlement, exploring blockchain integration in the securities market.

Key facts

The SEBI Demat 2.0 pilot program has concluded.
Three issuers raised capital through tokenized corporate bonds.
The total amount raised surpassed $100 million.
Settlement of tokenized bonds used India's wholesale central bank digital currency (CBDC).
The pilot aimed to explore blockchain technology and digital assets in the Indian securities market.

Source: The Block

Reported by VERA Newswire.