REC launches first tokenised corporate bond issue on NSE

REC launches first tokenised corporate bond issue on NSE. The bond issuance marks a milestone in India’s capital markets as it is the first tokenised corporate bond, leveraging blockchain for efficiency. REC has opened bids for its debut issue, aiming to raise ₹500 crore. This move could set a precedent for future digital securities on the NSE.

📊 STOCKS: $RECLTD | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Tokenisation