India’s REC Ltd. to Launch Nation’s First Tokenized Bond Issuance

State-owned power financier REC Ltd. is preparing to issue up to 5 billion rupees in blockchain-based bonds, marking a historic step for digital finance in India and aiming to enhance market liquidity.

4 Sept, 08:52 — 4 Sept, 08:52

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bloombergHigh5h ago

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

State-owned power financier REC Ltd. is seeking investor bids for as much as 5 billion rupees ($53 million) of tokenized bonds, according to people familiar with the matter, in what would be India’s first such issuance and could help boost liquidity in the debt market.

By Divya Patil

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India’s REC Ltd. to Launch Nation’s First Tokenized Bond Issuance

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

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