India just tokenized $107M in corporate bonds on a distributed ledger using their wholesale CBDC for settlement
REC: $52M
L&T: $52M
IIFL: $2.6M
This is a $620B market. If the pilot works, we're looking at atomic settlement, lower friction, and full transparency for one of the largest bond markets in Asia
Secondary trading coming next phase. Watch how fast TradFi infrastructure moves when governments actually want it to
REC: $52M
L&T: $52M
IIFL: $2.6M
This is a $620B market. If the pilot works, we're looking at atomic settlement, lower friction, and full transparency for one of the largest bond markets in Asia
Secondary trading coming next phase. Watch how fast TradFi infrastructure moves when governments actually want it to
