#NSDL

4 articles tagged #NSDL — curated RWA tokenization coverage.

Demat 2.0: Tokenised bonds could settle instantly against CBDC payments, says NSDL MD
Infrastructure

Demat 2.0: Tokenised bonds could settle instantly against CBDC payments, says NSDL MD

Padmaja Chunduru, Managing Director and CEO of the National Securities Depository Limited (NSDL), has outlined a vision for 'Demat 2.0' which leverages blockchain technology to modernize India's securities market. By utilizing tokenized bonds, the NSDL aims to enable near-instantaneous settlement cycles, significantly reducing the traditional T+1 or T+2 settlement delays. This transition is designed to integrate seamlessly with the Reserve Bank of India's Central Bank Digital Currency (CBDC), facilitating atomic settlement where the exchange of assets and payments occurs simultaneously. Such a shift is expected to enhance market efficiency, lower counterparty risk, and improve liquidity for institutional and retail investors alike. The initiative represents a strategic move by India's primary depository to embrace distributed ledger technology for core financial infrastructure. By aligning tokenized securities with digital rupee payments, the NSDL is positioning itself at the forefront of global efforts to modernize clearing and settlement systems. This development is critical for the RWA market as it demonstrates how national-level infrastructure providers are actively adopting blockchain to replace legacy settlement processes.

etnownews.com·Sep 17, 20268.0
NSDL and CDSL launch Demat 2.0 for tokenised securities and CBDC settlement
Infrastructure

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.

moneycontrol.com·Sep 15, 20268.5
South Korea Plans Tokenized Securities With XRP Ledger
Infrastructure

South Korea Plans Tokenized Securities With XRP Ledger

India’s National Securities Depository Limited (NSDL) has officially launched Demat 2.0, a blockchain-based infrastructure platform designed to modernize the country's securities market. This initiative aims to streamline the issuance, settlement, and management of tokenized securities by leveraging distributed ledger technology to enhance transparency and operational efficiency. By transitioning to a blockchain-native framework, NSDL seeks to reduce settlement times and lower the administrative overhead associated with traditional dematerialized securities. The platform represents a significant shift in how institutional-grade financial assets are handled within the Indian market, aligning with global trends toward digital asset integration. This development is critical for the RWA sector as it demonstrates a major national depository adopting blockchain to scale tokenized financial products. The move provides a robust regulatory-compliant foundation for future institutional participation in the digital securities ecosystem. Ultimately, Demat 2.0 serves as a blueprint for how national-level infrastructure can bridge the gap between legacy financial systems and decentralized ledger technology.

cointrust.com·Sep 14, 20268.5
Two more Indian tokenized bonds issued, as central bank eyes gold next
Infrastructure

Two more Indian tokenized bonds issued, as central bank eyes gold next

India's Demat 2.0 tokenized bond pilot has expanded with two new issuances following the initial REC Limited offering. Engineering firm L&T Limited raised ₹5 billion, while brokerage IIFL secured ₹250 million, bringing the total pilot volume to ₹10.25 billion across three issuances. These assets are natively digital tokens issued on a DLT network managed by central securities depositories NSDL and CDSL, rather than mere digital twins. The pilot currently focuses on issuance and smart contract-based asset servicing for institutional participants. SEBI has provided regulatory clarity on the architecture, while the Reserve Bank of India has indicated interest in tokenizing gold as the next asset class. The project is structured in three stages, with future phases planned to introduce secondary market trading and retail access. This initiative represents a significant shift in Indian capital markets by integrating DLT directly into the authoritative record-keeping process of national depositories.

ledgerinsights.com·Sep 11, 20267.5

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