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Deposit tokenization
October 9 , 2025
14 hrs 0 min
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- The Reserve Bank of India (RBI) launched a pilot on deposit tokenisation.
- Deposit tokenisation refers to deposits held at banks would be represented as tokens, which can then be used, transferred, or settled more fluidly across systems.
- The process starts when a customer deposits their selected asset with a trusted custodian.
- In return, the custodian issues a corresponding amount of digital tokens on a blockchain network.
- Digital tokenisation refers to the process of converting assets such as deposits, stocks, and bonds into digital representations recorded on a blockchain.
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