India’s Blockchain Strategy: National Tokenisation to Upgrade Financial Infrastructure
- India's economic advisor meets Polygon and Anq Finance to discuss tokenisation frameworks and sovereign digital assets for financial modernisation. - Proposed Asset Reserve Certificate (ARC) model uses government securities as collateral, aiming to create secure, sovereign-backed digital settlement units. - Discussions highlight tokenisation benefits like faster settlements and reduced risks, while stressing regulatory alignment with existing financial infrastructure. - Collaboration positions Polygon as
India’s Economic Advisor Engages with Polygon to Explore Tokenisation and State-Backed Digital Assets
Sanjeev Sanyal, the economic advisor to Prime Minister Narendra Modi, recently held a high-level discussion in New Delhi with top representatives from Polygon Labs and fintech company Anq Finance. The meeting aimed to outline the next steps for India’s blockchain and digital asset roadmap. The conversation
An important topic at the meeting was the potential to tokenise government-backed financial products and create digital assets linked to sovereign guarantees.
Attendees highlighted the advantages of tokenisation, such as quicker settlements, better interoperability, and increased market effectiveness. Nonetheless, the talks also stressed the importance of strong regulatory frameworks and integration with the current financial infrastructure. As India rapidly embraces digital public goods,
This initiative demonstrates India’s broader commitment to expanding its use of blockchain-based infrastructure, moving from experimental projects to comprehensive strategies. As the country reviews central bank digital currency (CBDC) models, upgrades cross-border payment solutions, and grows its digital identity systems,
For Polygon Labs, this engagement further establishes its role as a leading technology partner in one of the world’s fastest-growing digital economies. The company’s blockchain expertise positions it to assist India in developing financial systems that connect conventional and digital finance through interoperable solutions.
Looking forward, the results of these talks may influence future policies on digital asset adoption, tokenised government bonds, and blockchain-powered settlement platforms. This meeting marks a key step in India’s strategy to integrate traditional finance with advanced digital infrastructure,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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