From UPI to tokenised assets: Is India building the next generation of financial infrastructure?
India’s financial infrastructure has spent the last decade making money move faster. The next decade could be about making financial assets move differently.
Via YourStory
The scale of UPI is a useful starting point. In August 2026 alone, UPI processed over 24.5 billion transactions worth nearly Rs 29.8 lakh crore, according to NPCI. What made UPI transformative was not simply that payments became instant. It was that a common, interoperable rail allowed banks, fintechs and other participants to build services on top of it.
The next evolution of this infrastructure may extend beyond payments to the assets being bought, sold and settled.
Tokenisation essentially means…
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