Indian MP Pushes Tokenization Bill to Democratize Investment Access for the Middle Class
MP Raghav Chadha called for a Tokenization Bill in India’s Parliament, proposing legal infrastructure to allow fractional ownership of assets like real estate, infrastructure, and intellectual property via digital tokens. He argued this would democratize investing for India’s middle class, currently limited to traditional financial products, by granting access to high-return assets and enabling instant, broker-free liquidity. Chadha advocated for bespoke legislation and a regulatory sandbox to test tokenization models safely. Experts, including Raj Kapoor of the India Blockchain Alliance, stressed that clear laws would attract global investment, foster innovation, and prevent domestic assets and startups from moving offshore due to regulatory uncertainty. They warned that without statutory clarity, India risks losing economic sovereignty and value creation to other jurisdictions. The push comes amid global trends in finance towards blockchain-based tokenization, with major international players describing this as a fundamental shift. Supporters emphasize that distinguishing tokenized assets from volatile cryptocurrencies and setting clear rules would enhance financial inclusion and align India with the world’s leading digital economies.
