WorldPingSEBI’s Demat 2.0 pilot turns corporate bonds into digital tokens and settles payment through the RBI’s wholesale digital rupee, with secondary trading and retail access expected in later phases.
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WorldPingIndia's SEBI Demat 2.0 pilot saw three issuers raise over $100 million in tokenized corporate bonds, with settlement via wholesale CBDC.
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WorldPingSEBI said later phases of Demat 2.0 will introduce secondary trading and open the tokenized bonds to retail investors.
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