Indian MP Raghav Chadha pushes Tokenization Bill as global momentum grows — DTCC picks Canton Network for U.S. Treasury tokenization

MP Raghav Chadha urged India’s Parliament to introduce a Tokenization Bill to enable fractional ownership of high-value assets (real estate, infrastructure, IP) via digital tokens. He called for bespoke legislation and a regulatory sandbox to attract global capital and provide legal clarity. Industry leaders told Decrypt the law is essential to keep tokenization onshore, unlock middle‑class participation and align tokenized instruments with existing law. The article notes broader institutional interest, citing BlackRock executives on blockchain-driven market evolution.
AI Analysis
Chadha formally proposed a Tokenization Bill and requested a regulatory sandbox; industry leaders said on-record the law is needed to keep tokenization onshore and enable middle‑class participation; BlackRock executives’ comments indicate institutional attention — all factual points in the summary.