{
  "id": 7779519,
  "title": "The BOX Launch Spotlights India’s Emerging Real-World Asset Tokenisation Ecosystem; Maharashtra’s pioneering role acknowledged",
  "url": "https://urgent.news/2026/09/16/the-box-launch-spotlights-indias-emerging-real-world-asset",
  "topic": "world",
  "section": "World",
  "published": "2026-09-16T11:54:37.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/corporate-gallery/the-box-launch-spotlights-indias-emerging-real-world-asset-tokenisation-ecosystem-maharashtras-pioneering-role-acknowledged"
  },
  "original_language": "en",
  "account": "The BOX Launch took place in Mumbai on September 11, 2026, to highlight India's growing Real-World Asset (RWA) tokenisation ecosystem. Maharashtra, a pioneer in this field, played a significant role in the event. Adv. Ashish Shelar, the Minister of IT, AI and Cultural Affairs, Government of Maharashtra, launched the event and highlighted how tokenisation can enhance transaction transparency, verifiability, and security. He also mentioned India's ambition to become the world's third-largest economy by 2047, which necessitates technological advancement and innovation. Adv. Rahul Narwekar, Hon'ble Speaker, Maharashtra Legislative Assembly, echoed similar sentiments, emphasizing Maharashtra's commitment to providing an environment for emerging technologies. Pravin Pardeshi, CEO of Maharashtra Institution for Transformation (MITRA), explained how tokenisation could make real estate investments more secure and accessible, potentially unlocking value from underutilised public assets. He suggested Maharashtra's power surplus could be leveraged to create additional revenue streams through tokenisation. Dr. Vijay Kalantri, Chairman of MVIRDC World Trade Center Mumbai and President of All India Association of Industries, underscored the importance of innovation and regulatory clarity for India to realize the full potential of blockchain and asset tokenisation. The event was organized by RealX, marking the launch of REDbox and Whitebox, open infrastructure for India's RWA tokenisation ecosystem.",
  "summary": "“Tokenisation presents a significant new opportunity for Maharashtra as technology increasingly transforms the way real-world assets are owned, accessed and transacted. Maharashtra has always been at the forefront of innovation, supported by a strong financial sector, vibrant start-up ecosystem and a large pool of young talent. Initiatives like this and through blockchain-based infrastructure for…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}