India Pushes Tokenization Bill for Middle-Class Asset Access

India is advancing a legislative proposal that would legalize tokenization of real-world assets, allowing digital tokens to represent fractional ownership in real estate, infrastructure, and other high-value assets.

The framework is designed to open markets that were historically out of reach for middle-class investors. By enabling broker-free, near-instant settlement, the bill could offer higher yield opportunities compared with traditional savings products, fixed deposits, and many mutual funds.

Key implications:

Middle-class investors gain access to fractional ownership of large assets

Improved liquidity for traditionally illiquid markets like real estate and infrastructure

Clear regulatory structure aimed at attracting foreign capital from Singapore, the UAE, and Hong Kong

Increased pressure on banks and traditional financial institutions to innovate

If enacted, the bill could position India as a leading hub for regulated asset tokenization, accelerating crypto adoption while reshaping how capital flows through domestic markets.