Table of Contents
Indian MP Raghav Chadha has called on the government to bring a new “Tokenization Bill” and a safe test space for blockchain ideas. He raised the demand in the Rajya Sabha, saying it could help more people invest in assets that are usually too expensive for them.
During the debate, AAP Rajya Sabha MP Raghav Chadha said tokenization can split big assets into small digital parts that people can buy and sell. As PTI in The Week, he said India needs “a bespoke Tokenization Bill and regulatory sandbox” to support fractional ownership using blockchain.
The same speech also covered his wider ideas on savings and long-term investing. Livemint reported proposals and noted that he linked tokenization to “fractional ownership.” A regulatory sandbox is a controlled setup where new products can be tested under rules before they reach the public.
Tokenization is a way to represent a real asset (like a building, a loan, or a commodity) with digital tokens, often on a blockchain. Supporters say it can lower entry cost and make trading faster. Critics warn it can also bring risks, like unclear ownership, weak investor rights, fraud, and poor checks on money flows, if rules are not strict.
Chadha’s call adds political attention to a space that is growing worldwide, especially for real-world assets like real estate and private credit. The Economic Times shared coverage framed it as a sign of rising momentum, but there is still no clear timeline for any draft bill from the government.
Tokenization is a way to represent an asset (like a building, a loan, or a commodity) with digital tokens, often on a blockchain. Supporters say it can lower entry costs and speed up trading. Critics warn it can also bring new risks, like unclear legal ownership, weak investor rights, fraud, and poor checks on money flows, if laws are not strict.