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.
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