Asia Market Daily: India Tokenizes Corporate Bonds and State Assets while HTX Tops CEX Inflows
- India's SEBI pilot program raised $107 million through tokenized corporate bonds, with REC Ltd., L&T Ltd., and IIFL as issuers.
- Maharashtra state plans to tokenize state-owned electricity transmission infrastructure, potentially affecting 40-50% of transmission lines with proceeds funding new infrastructure.
- HTX exchange recorded $438 million in net inflows over seven days, leading all major centralized exchanges globally.
- Chinese AI firm Zhipu is raising $5 billion through Hong Kong share placement and convertible bonds.
- Bitcoin sentiment index reached 89 out of 100, marking the strongest investor optimism in two years according to CryptoQuant.
India's Securities and Exchange Board of India conducted a pilot program for tokenized corporate bonds under its "Demat 2.0" initiative, with three issuers raising approximately 102.5 billion rupees ($107 million). REC Ltd. led the offering with 5 billion rupees from 18 investors, followed by L&T Ltd. with a similar amount, and IIFL with 250 million rupees. This represents a significant milestone in India's adoption of blockchain technology for traditional financial instruments.
Maharashtra, India's wealthiest state contributing 14% of national GDP, is developing a policy framework to tokenize state-owned assets, particularly electricity transmission infrastructure. The initiative could make 40-50% of transmission lines eligible for tokenization, with token holders receiving a share of transmission revenues. Proceeds would fund new transmission lines and solar storage capacity, positioning Maharashtra to enact the country's first blockchain property tokenization law.
In cryptocurrency market activity, HTX exchange dominated global centralized exchange inflows with $438 million in net deposits over seven days and $446 million in 24-hour inflows, according to DeFiLlama data. Separately, CryptoQuant analysis indicates bitcoin sentiment has reached 89 out of 100, reflecting extreme greed and marking the strongest investor optimism in two years, a level historically associated with potential market turning points.
亚洲市场日报：印度将公司债券和国家资产代币化，HTX领跑CEX资金流入
印度证券交易委员会在其"Demat 2.0"试点计划下进行了代币化公司债券项目，三家发行人共募集约102.5亿卢比（1.07亿美元）。REC公司以50亿卢比领先，来自18家投资者，L&T公司募集相近金额，IIFL公司募集2.5亿卢比。这标志着印度在区块链技术应用于传统金融工具方面的重大进展。
印度最富有的邦马哈拉施特拉邦（贡献全国GDP的14%）正在制定政策框架，对国有资产进行代币化，特别是电力传输基础设施。该举措可使40-50%的传输线路符合代币化条件，代币持有人将获得传输收入分成。募集资金将用于建设新的传输线路和太阳能储能设施，使马哈拉施特拉邦有望颁布该国首部区块链资产代币化法律。
在加密货币市场活动方面，根据DeFiLlama数据，HTX交易所在全球中心化交易所资金流入中领先，七天内净流入4.38亿美元，24小时流入4.46亿美元。另据CryptoQuant分析，比特币情绪指数已达到100分中的89分，反映极度贪婪心理，创两年来最强投资者乐观情绪，这一水平历来与潜在市场转折点相关联。