Maharashtra Considers Tokenizing State Assets to Finance Infrastructure

Maharashtra, India's richest state, is exploring the possibility of tokenizing its assets to generate fresh capital for infrastructure development. Tokenization would convert physical assets—such as land, ports, or public utilities—into digital tokens on a blockchain, enabling fractional ownership and easier trading. The state hopes that this innovative approach could reduce its dependence on conventional borrowing and attract a broader pool of investors. Officials note that the initiative is still in the preliminary phase, with regulatory and technical feasibility studies underway.