
NSDL and CDSL launch Demat 2.0 for tokenised securities and CBDC settlement
The National Securities Depository Limited (NSDL) has announced the launch of 'Demat 2.0', a strategic initiative designed to modernize India's securities infrastructure through the integration of tokenized assets and Central Bank Digital Currency (CBDC) settlement. By leveraging distributed ledger technology, NSDL aims to streamline the settlement process for securities, reducing the reliance on traditional clearing cycles and enhancing operational efficiency for market participants. This move represents a significant shift for the Indian financial ecosystem, as it aligns national depository standards with global trends in digital asset adoption and blockchain-based settlement. The implementation of tokenized securities within a regulated depository framework provides a secure environment for institutional and retail investors to engage with digital financial instruments. Furthermore, the integration of CBDC for settlement purposes addresses liquidity and counterparty risk, marking a critical step toward a more programmable and instantaneous financial market. As India continues to explore the intersection of traditional finance and blockchain, NSDL's initiative serves as a foundational layer for future RWA tokenization projects. This development is pivotal for the RWA market, as it demonstrates how established national infrastructure providers are actively adopting tokenization to improve market transparency and settlement speed.









