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Tokenization keeps moving from theory into financial markets. India's SEBI has launched a Demat 2.0 pilot involving more than $100M in tokenized bonds. That's important because this isn't about creating another meme coin. It's about putting traditional financial assets on blockchain rails. Bonds. Settlement. Ownership. The next phase of Web3 may look much more like financial infrastructure than crypto speculation. #BOJRateHikeInFocus #ZECFlowsVsLiquidation