India plans to launch a regulated platform for tokenizing real-world assets in January 2024
The International Financial Services Centre (IFSC) in Gujarat's GIFT City, India, plans to launch a regulated real-world asset (RWA) tokenization platform in January 2024. India positions GIFT City as a competitor to Singapore and Dubai. A spokesperson for the IFSCA regulatory body of GIFT City stated that the first tokenized asset category will be real estate, with future plans to support art, aircraft, and maritime categories.
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.
You may also like
The three major US stock indexes opened mixed; the Nasdaq Golden Dragon China Index rose 1.32%.
The Dow Jones opened up 0.05%, the Nasdaq rose 0.55%, and the S&P 500 gained 0.27%. Among leading tech stocks, Tesla increased by 1.97%, Apple fell by 2.56%, and Netflix dropped by 1.48%. The Nasdaq Golden Dragon China Index advanced 1.32%, Li Auto rose by 5.05%, and Bilibili climbed 3.37%.
U.S. stocks move: Tesla surges on October 9 as Cybercab registration and deliveries exceed expectations
Crypto prices
More
