India’s First Tokenized Bond Issue: How RBI’s Wholesale CBDC Powers DEMAT 2.0

India is preparing its first tokenized corporate bond issue for September 2026, with state-owned REC expected to raise less than ₹500 crore. The pilot combines DEMAT 2.0, a new securities wallet, with RBI’s wholesale central bank digital currency, e₹-W. That design keeps the transaction inside regulated infrastructure while excluding Bitcoin, Ethereum, USDT, and other public […] Read The Full Article India’s First Tokenized Bond Issue: How RBI’…