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HDFC and ICICI Acquire India's First Tokenized Bond

Key takeaways

  • HDFC Bank and ICICI Bank have purchased India's inaugural tokenized bond from REC, marking a significant step in the country's bond market and CBDC use.

Analysis

HDFC Bank and ICICI Bank have purchased India's inaugural tokenized bond from REC, marking a significant step in the country's bond market and CBDC use.

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