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India To Test First Tokenised Corporate Bond With REC

27 August 2026
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India Set To Launch First Tokenised Corporate Bond In September With ₹5 Billion Pilot

State-owned REC will test blockchain-based bond issuance and wholesale e-rupee settlement as regulators assess faster, more transparent debt-market infrastructure.

August 27, 2026 02:04 +08

India. — India’s first tokenized corporate bond pilot will test DLT issuance and CBDC settlement, with REC expected to raise less than ₹5 billion. Pexels