Hey guys,
India has initiated process of tokenizing its massive
$620 billion corporate bond market.
And settlement is taking place directly using e-Rupee (CBDC)!
This is strong proof that TradFi is starting to appreciate transaction speed and transparency of blockchain.
Today it might be corporate bond. Tomorrow, equities, funds, gold and other real world asset might come onto same infrastructure.
Governments are demonstrating that
digital money is the way of future. But Bitcoin is leading that digital money does not necessarily have to remain under government control
Anyway, is this tokenization move bullish for RWA sector & public crypto marketin future, or will it further increase the influence of centralized CBDCs? Is there any benefit in this for retail trader at all, or will the entire game be dominated by corporate players?
