SEBI launches Demat 2.0 to bring tokenised corporate bonds to investors

SEBI has launched Demat 2.0, a pilot project to test tokenised corporate bonds and change how they are issued, held and settled. The first phase focuses on bond issuance, with future phases expected to enable trading through existing platforms and retail investor access. The system could enable instant settlement and automate bond servicing through smart contracts, reducing manual work.