India Blockchain Forum and Crypto Legal Join Forces to Revolutionize Asset Tokenisation

Delhi, 21st September 2023: India Blockchain Forum (IBF) and Crypto Legal have joined forces to present a groundbreaking regulatory proposal aimed at shaping the future of asset tokenisation. In an official statement, the two organizations unveiled their collaborative effort to introduce a comprehensive framework that promises to ignite innovation while instating unambiguous directives in the realms of blockchain and digital assets.

This ambitious regulatory framework has been meticulously crafted to cater to the ever-evolving landscape of asset tokens. These tokens encapsulate a myriad of rights and obligations, making it imperative to introduce a structured and transparent milieu for their issuance, trading, and governance.

The proposed regulatory structure is poised to mark a significant stride towards establishing a secure and transparent ecosystem for asset tokenisation within India. The official release underlines the pivotal role this framework will play in reshaping the nation’s digital asset landscape.

Sharat Chandra, co-founder of the India Blockchain Forum, emphasized the potential transformative power of tokenisation. He asserted, “Tokenisation can democratize investments by reducing barriers to entry and fostering standardisation to enhance liquidity. Regulatory frameworks are the cornerstone for paving the path towards a future where blockchain technology revolutionizes investment practices, transactions, and access to financial opportunities, among other domains.”