#TokenizedBonds

60 articles tagged #TokenizedBonds — curated RWA tokenization coverage.

L&T plans to raise up to ₹500 crore via tokenized bonds after REC's success, marking new era for debt markets
Infrastructure

L&T plans to raise up to ₹500 crore via tokenized bonds after REC's success, marking new era for debt markets

Rural Electrification Corporation Ltd (REC) has successfully raised ₹500 crore through India's first-ever tokenized corporate bond issuance, signaling a significant shift in the nation's debt market infrastructure. The bonds, which mature on May 31, 2028, were issued with a 7.30% coupon rate, utilizing a blockchain-based platform developed under the guidance of the Reserve Bank of India and the Securities and Exchange Board of India. Following this milestone, Larsen & Toubro Ltd is preparing to launch its own tokenized bond issue this week, aiming to raise up to ₹500 crore at an expected 7.40% coupon. This initiative leverages the RBI’s wholesale central bank digital currency (CBDC) for payments and a "DEMAT 2.0" blockchain wallet for secure asset holding. By moving away from traditional settlement systems, these tokenized instruments aim to enable near-instant settlement and enhanced transparency for market participants. The adoption of this technology is expected to reduce settlement risks and potentially allow for fractional ownership, which could broaden investor participation in corporate debt. While the pilot project marks a major technological advancement, market participants emphasize that scaling the ecosystem will require further development of secondary market liquidity and supporting infrastructure.

livemint.com·Sep 7, 20268.5
State Power Lender REC Set to Sell India’s First Tokenized Bond
U.S. Treasuries

State Power Lender REC Set to Sell India’s First Tokenized Bond

India’s state-owned power financier, REC Ltd., is preparing to launch the nation’s first tokenized bond issuance, marking a significant milestone for the country's digital finance landscape. The company plans to raise approximately 1 billion rupees through this blockchain-based offering, signaling a shift toward modernizing debt capital markets. By utilizing distributed ledger technology, REC aims to enhance transparency, reduce settlement times, and lower administrative costs associated with traditional bond issuance. This move aligns with broader efforts by Indian financial authorities to explore the integration of blockchain in regulated markets. The pilot project serves as a test case for the potential scalability of tokenized debt instruments within the Indian regulatory framework. As a major state-backed entity, REC's involvement provides institutional credibility to the tokenization of government-linked assets. This development is expected to encourage further adoption of RWA tokenization among other Indian public sector enterprises and financial institutions.

bloomberg.com·Sep 5, 20268.0
India set for first tokenised bond
U.S. Treasuries

India set for first tokenised bond

The Reserve Bank of India is preparing to launch the nation's first tokenized government bond issuance, marking a significant shift toward blockchain-based sovereign debt management. This pilot program aims to modernize the settlement process by leveraging distributed ledger technology to reduce transaction times and operational costs. By moving away from traditional book-entry systems, the central bank seeks to enhance liquidity and transparency within the domestic bond market. The initiative aligns with broader global trends where central banks explore digital assets to improve financial market infrastructure efficiency. Successful implementation could serve as a blueprint for other emerging markets looking to integrate blockchain into their national debt frameworks. This move underscores the growing institutional acceptance of tokenization as a viable mechanism for sovereign debt issuance. The transition reflects a strategic effort to future-proof India's financial architecture against evolving digital asset standards.

ifre.com·Sep 4, 20268.5
India Is Testing Tokenized Corporate Bonds With Instant Settlement
Non-U.S. Govt. Debt

India Is Testing Tokenized Corporate Bonds With Instant Settlement

The Reserve Bank of India (RBI) has initiated a pilot program to test the issuance and settlement of tokenized corporate bonds using blockchain technology. This initiative aims to leverage distributed ledger technology to achieve instant settlement, significantly reducing the traditional T+2 settlement cycle that currently characterizes the Indian bond market. By streamlining the post-trade process, the RBI seeks to enhance liquidity and transparency while lowering operational costs for market participants. Several major financial institutions are participating in this trial to evaluate the feasibility of digital assets in the domestic debt market. The move represents a strategic shift toward modernizing India's financial infrastructure through programmable money and automated clearing. Successful implementation could serve as a blueprint for other emerging markets looking to integrate blockchain into their sovereign and corporate debt frameworks. This development underscores the growing global trend of central banks exploring tokenization to improve efficiency and mitigate counterparty risks in capital markets.

finimize.com·Sep 4, 20268.5
Pakistan, Hong Kong explore cooperation in tokenised capital markets, digital finance
U.S. Treasuries

Pakistan, Hong Kong explore cooperation in tokenised capital markets, digital finance

The Pakistan Virtual Assets Regulatory Authority (PVARA), led by Chairman Bilal Bin Saqib, has initiated high-level discussions with Hong Kong financial authorities to explore cooperation in tokenized capital markets and digital finance. Meetings were held with the Hong Kong Monetary Authority (HKMA), the Financial Services and the Treasury Bureau, and Legislative Council member Duncan Chiu to study Hong Kong's regulatory framework for digital assets. The dialogue focused on leveraging Hong Kong's expertise in tokenized bonds, settlement infrastructure, and technology-enabled supervision to support Pakistan's development of government securities and sukuk. Both parties aim to move beyond policy dialogue toward practical cooperation, including technical exchanges and identifying specific use cases for real-world asset tokenization. This initiative is part of PVARA's broader strategy to build institutional relationships and attract credible companies to Pakistan's emerging virtual-asset ecosystem. By connecting Pakistani technology firms with Hong Kong investors, the collaboration seeks to translate regulatory foundations into tangible economic outcomes. This engagement highlights the growing global trend of emerging markets seeking to adopt established institutional frameworks to modernize their financial infrastructure through tokenization.

profit.pakistantoday.com.pk·Sep 3, 20267.0
Pakistan, Hong Kong explore cooperation on digital bonds, tokenised capital
Infrastructure

Pakistan, Hong Kong explore cooperation on digital bonds, tokenised capital

Pakistan and Hong Kong are actively exploring a strategic partnership focused on digital bond issuance and the development of tokenized capital markets. Bilal bin Saqib, chairman of Pakistan’s Virtual Assets Regulatory Authority (PVARA), met with Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, to discuss integrating blockchain technology into Pakistan's financial infrastructure. The initiative aims to modernize Pakistan's financial architecture by leveraging Hong Kong's regulatory expertise to facilitate more efficient capital formation. By tokenizing assets, Pakistan seeks to lower barriers for global investors, making it easier to access, settle, and hold local financial instruments. This move is part of a broader effort by Islamabad to attract international investment and improve economic efficiency through digital innovation. Beyond capital markets, the government is also investigating the use of regulated stablecoins for remittances, which could potentially save the nation $400 million annually. This collaboration underscores a growing trend among emerging economies to utilize distributed ledger technology to broaden access to global capital pools.

brecorder.com·Aug 31, 20267.5
Pakistan looks to Hong Kong model for tokenized bonds, digital finance
U.S. Treasuries

Pakistan looks to Hong Kong model for tokenized bonds, digital finance

Pakistan is actively exploring the tokenization of government securities and sukuk by leveraging insights from Hong Kong’s established digital bond market. Bilal Bin Saqib, chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), held high-level meetings with the Hong Kong Monetary Authority to discuss integrating blockchain technology into national financial infrastructure. This initiative follows Pakistan's recent establishment of a formal regulatory framework for virtual assets, aimed at bringing the country's previously informal crypto market into a transparent, institutionalized ecosystem. By studying Hong Kong’s successful experiments with tokenized government bonds, Islamabad seeks to modernize its settlement infrastructure and attract global investment. The collaboration focuses on developing practical applications for tokenized capital markets and regulatory technology to bridge Pakistani tech firms with international capital. This move signals a strategic shift toward digitizing sovereign debt to enhance market efficiency and liquidity. Ultimately, the effort underscores a growing trend among emerging economies to adopt distributed-ledger technology for mainstream financial instruments.

arabnews.pk·Aug 27, 20267.5
India’s First Tokenized Bond Issue: How RBI’s Wholesale CBDC Powers DEMAT 2.0
Non-U.S. Govt. Debt

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

India is set to launch its inaugural tokenized corporate bond pilot in September 2026, featuring state-owned REC as the issuer. The initiative aims to raise less than ₹500 crore while utilizing the Reserve Bank of India's wholesale central bank digital currency, e₹-W, for settlement. Participants will be required to utilize the newly developed DEMAT 2.0 securities wallets to manage their holdings. By anchoring the issuance within regulated infrastructure, the pilot explicitly excludes public blockchain assets such as Bitcoin, Ethereum, and USDT. This strategic move demonstrates a government-led approach to modernizing securities recordkeeping through distributed ledger technology. The integration of CBDC-powered settlement with tokenized bonds represents a significant shift toward institutionalizing blockchain-based financial instruments in India. This development highlights the potential for sovereign-backed digital assets to streamline bond market operations while maintaining strict regulatory oversight.

cryptorank.io·Aug 27, 20268.5
Shinhan Asset Management Signs 4-Party MoU for Tokenized Fund on Solana
U.S. Treasuries

Shinhan Asset Management Signs 4-Party MoU for Tokenized Fund on Solana

Shinhan Asset Management has entered a strategic four-party agreement with the Solana Foundation, Etherfuse, and Orca to develop a proof-of-concept for a Korean won-denominated tokenized bond fund. Managing approximately $96.6 billion in assets, the firm aims to enable overseas institutional investors to access KRW ultra-short-term bond funds via blockchain-based tokens. This initiative is explicitly modeled after BlackRock’s BUIDL fund, signaling a growing trend of traditional financial institutions adopting public blockchain infrastructure. The project will focus on critical operational pillars, including KYC/AML compliance, security audits, and on-chain liquidity design. This move aligns with South Korea’s evolving regulatory landscape, specifically the amendments passed in early 2026 that establish a legal framework for security token offerings effective February 2027. By proactively building these capabilities, Shinhan seeks to capture the burgeoning market for digital financial products. The broader RWA sector continues to expand, with recent data indicating a 2,200% growth in tokenized assets since 2020, now reaching a valuation of $36.27 billion.

coinmarketcap.com·Aug 24, 20268.0
DeFi & L1L2 — 🚀 Crypto.com launched Tokenized Stocks; Toyota Finance launched a ¥1 billion tokenized bond
Stocks

DeFi & L1L2 — 🚀 Crypto.com launched Tokenized Stocks; Toyota Finance launched a ¥1 billion tokenized bond

Crypto.com has officially launched a new offering for tokenized stocks, marking a significant expansion of its platform's asset capabilities. Simultaneously, Toyota Finance has entered the RWA space by issuing a ¥1 billion tokenized bond, highlighting the growing institutional interest in blockchain-based debt instruments. These developments occur against a backdrop of broader market growth, with total cryptocurrency ownership reaching 774 million users, a 4.5% increase in the first half of 2026. Market data indicates a positive trend, with market capitalization rising by 6.95% and trading volume increasing by 0.41% over the reporting period. The integration of traditional financial assets like stocks and bonds onto blockchain rails signals a maturing ecosystem where institutional players are increasingly leveraging distributed ledger technology for capital formation. While Harmony faces operational challenges following a network exploit, the overall RWA sector continues to gain momentum through these diverse product launches. These milestones underscore the ongoing convergence between traditional finance and decentralized infrastructure, providing investors with new avenues for asset exposure.

crypto.com·Aug 20, 20267.5
Bank Of Canada Completes CA$100M Tokenized Bond Pilot - But Warns Adoption Will Be Slow
U.S. Treasuries

Bank Of Canada Completes CA$100M Tokenized Bond Pilot - But Warns Adoption Will Be Slow

The Bank of Canada has concluded Project Samara, a pilot program that successfully issued a CA$100 million tokenized bond on a permissioned Hyperledger Fabric blockchain. The experiment, conducted in collaboration with Export Development Canada, TD Bank, and RBC Investor Services, demonstrated that distributed ledger technology can effectively manage the full bond lifecycle, including issuance, coupon payments, and secondary trading. By integrating bond and cash ledgers, the project achieved instant settlement and reduced counterparty risk, highlighting significant operational efficiency gains. However, the central bank cautioned that broader market adoption will likely be slow due to high liquidity costs, system complexity, and the need for comprehensive regulatory frameworks. This initiative builds upon the Bank of Canada's long-standing research into distributed ledger technology, following the earlier Project Jasper. While the pilot confirms technical feasibility, it underscores the institutional inertia and infrastructure integration challenges currently facing the RWA sector. Ultimately, the project serves as a feasibility study rather than a policy commitment, reflecting a global trend among central banks testing blockchain for wholesale capital markets.

yellow.com·Aug 11, 20268.0
Arbitrum Sees Growth in Tokenized EU Government Bonds, Market Cap Exceeds $340M
Non-U.S. Govt. Debt

Arbitrum Sees Growth in Tokenized EU Government Bonds, Market Cap Exceeds $340M

Tokenized European Union government bonds on the Arbitrum network have officially surpassed a market capitalization of $340 million. This significant growth is largely attributed to the activities of Spiko Finance, which has leveraged the Layer 2 scaling solution to facilitate the issuance of these financial instruments. The milestone underscores a growing institutional and retail appetite for integrating traditional debt instruments into decentralized finance ecosystems. By utilizing Arbitrum's infrastructure, issuers benefit from enhanced transaction speeds and reduced costs compared to the Ethereum mainnet. This development serves as a critical indicator of how traditional financial assets are increasingly finding utility within blockchain frameworks. As the market matures, the success of these tokenized bonds may encourage further institutional participation and the expansion of similar innovative financial products. The trend highlights a broader shift toward the digitization of sovereign debt, positioning Arbitrum as a key venue for RWA activity.

coinfomania.com·Aug 4, 20267.5
Discover the Future of Finance: On-Chain Bonds & Debt Unveiled
Credit (Private Credit)

Discover the Future of Finance: On-Chain Bonds & Debt Unveiled

Obligate is a Swiss-based infrastructure provider that facilitates the issuance of regulated debt instruments, such as bonds and commercial paper, directly on public blockchains like Ethereum and Polygon. By utilizing its proprietary eNote instrument, the platform structures debt as ledger-based securities under the Swiss distributed ledger technology framework, ensuring the blockchain record holds legal authority. This approach replaces traditional, multi-layered financial intermediaries with smart contracts to automate fundraising, coupon distribution, and principal repayment. The platform aims to lower issuance costs by up to 80% while enabling atomic settlement, which ensures that payment and security delivery occur simultaneously. By supporting diverse debt types including private credit and structured notes, Obligate provides a pathway for smaller companies and specialized funds to access capital markets more efficiently. The integration of stablecoins for funding and blockchain wallets for custody represents a shift toward natively on-chain capital markets. Ultimately, this infrastructure preserves the legal characteristics of debt while modernizing the settlement and administrative processes that have historically burdened traditional bond markets.

phemex.com·Aug 3, 20268.0
Metaplanet Plans Bitcoin-Backed Tokenized Bond Market After Acquiring
Credit (Private Credit)

Metaplanet Plans Bitcoin-Backed Tokenized Bond Market After Acquiring

Metaplanet is leveraging its newly acquired Japanese brokerage business to develop "Bitbonds," a proposed financial product that tokenizes corporate bonds backed by Bitcoin. These instruments aim to provide investors with annual yields between 4% and 6% while simultaneously funding the company's ongoing corporate Bitcoin accumulation strategy. By integrating traditional bond structures with blockchain-based settlement, Metaplanet seeks to bridge the gap between conventional fixed-income markets and digital asset exposure. The initiative envisions moving issuance, ownership tracking, and settlement onchain, potentially utilizing stablecoins to enhance transaction efficiency and reduce reliance on traditional intermediaries. This move marks a significant shift for the publicly traded company, evolving from a simple Bitcoin treasury holder into a provider of structured financial infrastructure. The development reflects a broader institutional trend of experimenting with tokenized securities to improve market transparency and settlement speed. Success for this product remains contingent on regulatory approval within Japan's established digital asset framework and the ability to manage the inherent volatility of the underlying Bitcoin assets.

hokanews.com·Jul 28, 20267.5
South Korea Advances Comprehensive Crypto Strategy with Policies Covering Stablecoins, Tokenized Bonds, and Spot ETFs
Infrastructure

South Korea Advances Comprehensive Crypto Strategy with Policies Covering Stablecoins, Tokenized Bonds, and Spot ETFs

South Korea is formalizing a comprehensive regulatory framework for digital assets, focusing on the integration of stablecoins, tokenized bonds, and spot ETFs into the national financial system. The Financial Services Commission (FSC) is spearheading these efforts to provide legal clarity and investor protection while fostering innovation in the blockchain sector. By establishing clear guidelines for tokenized securities, the government aims to bridge the gap between traditional finance and decentralized ledger technology. This strategic move is expected to attract institutional capital and solidify South Korea's position as a hub for regulated RWA activity. The policy roadmap includes specific oversight mechanisms for stablecoin issuers to ensure market stability and prevent systemic risks. Furthermore, the potential approval of spot ETFs signals a significant shift toward mainstream adoption of crypto-linked investment products. These developments are critical for the global RWA market as they demonstrate how major economies can successfully integrate tokenized assets into existing regulatory structures.

ababnews.com·Jul 20, 20267.5
HSBC is first company to get Bank of England regulatory approval to go live in the Digital Securities Sandbox
U.S. Treasuries

HSBC is first company to get Bank of England regulatory approval to go live in the Digital Securities Sandbox

HSBC Bank Plc has secured approval from the Bank of England to become the first participant in the UK’s Digital Securities Sandbox (DSS). This regulatory milestone allows HSBC Orion, the bank's proprietary digital assets platform, to function as a Digital Securities Depository for the issuance, servicing, and settlement of digitally native bonds. The initiative specifically supports the upcoming DIGIT, or digital gilt instrument, alongside corporate bond offerings. By operating within this live regulatory environment, HSBC aims to advance the integration of distributed ledger technology into mainstream financial market infrastructure. The move follows the Chancellor of the Exchequer's announcement regarding the inaugural DIGIT pilot issuance scheduled for early next year. With over US$5 billion in digital bond issuances already facilitated globally, HSBC Orion is positioning itself as a central player in the UK's digital asset evolution. This development is significant for the RWA market as it signals a shift toward formalizing digital securities within established national regulatory frameworks.

business.hsbc.com·Jul 15, 20269.0
South Korea to bring digital assets under new state asset management system
U.S. Treasuries

South Korea to bring digital assets under new state asset management system

South Korea’s Ministry of Economy and Finance is modernizing its 1950-era State Property Act by introducing the National Asset Basic Act to incorporate digital assets and intellectual property into its state-asset management framework. This strategic shift aims to transition from a legacy real estate-focused model toward a value-creation system that leverages blockchain technology. A central component of this initiative includes a 2027 pilot project to tokenize government bonds, which will be integrated with the Bank of Korea’s central bank digital currency infrastructure. Furthermore, the government plans to explore the tokenization of state-owned real estate to facilitate broader retail participation and distribute generated returns to the public. The ministry is also preparing for a full rollout of tokenized deposits for government operational spending by the fourth quarter of 2026. These efforts are supported by upcoming amendments to the Capital Markets Act and Electronic Securities Act, which will legally recognize blockchain ledgers as valid securities registries starting February 4, 2027. By formalizing these frameworks, South Korea is positioning itself to integrate blockchain technology into its national economic infrastructure, signaling a major institutional commitment to the RWA sector.

Cointelegraph — Tokenization·Jul 15, 20269.5
Bitfinex Relaunches Tokenized Bonds on Bitcoin Sidechain
U.S. Treasuries

Bitfinex Relaunches Tokenized Bonds on Bitcoin Sidechain

Bitfinex Securities has officially resumed the issuance of tokenized bonds for the Luxembourg-based fund ALTERNATIVE, targeting a fundraising volume exceeding $10 million. These financial instruments are denominated in USDT and utilize the Liquid Network, a Bitcoin sidechain, to facilitate on-chain issuance, coupon payments, and principal repayments. By leveraging Tether's Hadron platform for token management, Bitfinex Securities continues to expand its portfolio, which currently encompasses approximately $250 million in regulated tokenized assets. The platform operates under licenses in the Astana International Financial Centre and El Salvador, providing a comprehensive ecosystem for issuance and secondary market trading. This development highlights the growing integration of stablecoins into traditional debt markets, a trend that has drawn scrutiny from major financial institutions. Bank of America CEO Brian Moynihan has cautioned that such high-yielding digital products could potentially siphon $6 trillion in deposits away from the traditional banking sector. As the industry evolves, the potential for legislative progress, such as the CLARITY Act, remains a critical factor for the future of regulated RWA tokenization.

coinmarketcap.com·Jul 8, 20267.5

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