Mumbai, Sept. 11 -- Demat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), significantly reducing the time gap in securities settlement, NSDL Managing Director Vijay Chandok has said, noting that wider trading will depend on regulatory approval and market readiness.

Speaking with ANI on the sidelines of the Global Fintech Fest 2026 in Mumbai, Chandok said the initiative uses an "atomic" settlement mechanism where the transfer of the security and payment take place simultaneously.

"You give and take money instantly. You give your money instantly. And so settlement cycle is instant," Chandok said.

Demat 2.0, a pilot project for tokenised corporate bonds, ...