Report | Reimagining India’s Public Registry Ecosystem

Reimagining India’s Public Registry Ecosystem draws on insights from a closed-door, multi-stakeholder roundtable convened by the Digital India Foundation in partnership with the SUTRA initiative in July 2025. The discussion examined how blockchain can strengthen trust, verification, and interoperability across public systems, with a focus on cross-border finance, trade facilitation, and secure digital registries.

This report synthesises expert perspectives from the roundtable to outline key opportunities, constraints, and policy questions shaping the adoption of blockchain-enabled registries in India.

Discussion Paper on Financial Asset Tokenisation in India’s Emerging Web3 Ecosystem

Assessing Financial Asset Tokenisation in India’s Emerging Web3 Ecosystem examines how tokenisation could interact with India’s existing financial market infrastructure, rather than displace it. The paper maps the financial asset lifecycle from issuance and custody to trading, settlement, servicing, and exit, highlighting how tokenised models intersect with established institutions such as exchanges, depositories, custodians, and clearing systems. Through global case studies and pilots, it situates tokenisation as an architectural evolution with implications for market efficiency, programmability, and transparency.

Rather than proposing a single regulatory or technological pathway, the discussion paper focuses on the design choices and unresolved policy questions that shape tokenised finance in the Indian context. It identifies key legal, institutional, and supervisory ambiguities, including questions around custody, settlement finality, investor protection, and regulatory jurisdiction, and frames them as areas for further deliberation as India explores the next phase of financial market innovation.

RESPONSIBLE GAMING: A Scientific Approach to Mediate Potential Gaming Disorders and a Review of Global Practices