L&T plans to raise funds through tokenized bonds
What happened
- Larsen & Toubro plans to raise up to ₹500 crore using tokenized bonds.
- This follows a similar bond issue by REC.
Key terms explained
Financial terms from this story, in everyday words.
- Tokenized bonds
- Bonds where ownership records are kept on a digital blockchain ledger instead of traditional systems.
Original source
Livemint
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