Indian MP Declares: Tokenization Unlocks Ownership of "Too Expensive" Assets

An Indian parliamentarian just spotlighted the killer app for blockchain: slicing up pricey assets so everyone gets a piece.

Breaking Down the Barriers

Forget saving for decades to own a sliver of prime real estate or a masterpiece. Tokenization digitally divides an asset—be it a skyscraper, a vintage car, or a royalty stream—into tradeable fragments. It cuts out traditional gatekeepers, bypasses legacy paperwork, and democratizes access to wealth-building tools that were once reserved for the ultra-wealthy.

The Finance Angle (With a Dash of Cynicism)

This isn't just theoretical. Markets are already moving. The logic is brutal and simple: if you can't buy the whole building, buy a digital brick. It turns illiquid, exclusive holdings into liquid, accessible investments. Of course, Wall Street will find a way to repackage, fee-ify, and complicate the whole thing—but the core idea remains a direct threat to old-school finance's monopoly on premium assets.

Tokenization doesn't just enable ownership; it redefines it. The era of the fractional billionaire is here.

Indian MP: Tokenization is the solution to owning too “expensive assets”

Chadha, who is the youngest member of parliament in the Rajya Sabha, reiterated that the current options for middle-class investors are limited to savings accounts, fixed deposits, and mutual funds. 

“Commercial buildings are very expensive. Infrastructure projects are beyond reach, and private asset classes are for niche investments. It is not made for them,” he continued.

The Aam Aadmi Party member called asset tokenization a way to divide high-value physical or intellectual assets into smaller, tradable digital units. “Just like a common man can buy shares of a company and have a stake in it, similarly, asset tokenization has made it possible to tokenize real-world assets. All of these will be divided into small digital tokens; anyone can buy and sell this tradable token, and share in its profits,” he explained.

He illustrated the concept with the example of gold, saying 10 grams of Gold is available in India for approximately ₹135,000. He further stated that an investor might not have ₹135,000 to buy 10 grams of gold, but the presence of digital gold ETFs can help them buy gold worth ₹500 electronically.

“You don’t have to pay any broker fees, no registry hassles, no property dealer hassles. You can buy and sell comfortably, and the cost of intermediaries will reduce. The biggest benefit is easier investment and secure retirement,” Chadha stated.

India should follow the US, EU, and UAE in digital asset adoption

Chadha used examples from several economies that have embraced asset tokenization to double down on his financial agenda. In the United States, the Securities and Exchange Commission (SEC) has incorporated tokenization into its Securities Act. 

Why does India need a 𝗧𝗼𝗸𝗲𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗕𝗶𝗹𝗹?
I explained in Parliament today. pic.twitter.com/Ucw395cWpg

— Raghav Chadha (@raghav_chadha) December 16, 2025

Crossing the Pacific, Singapore launched Project Guardian, the European Union introduced the Markets in Crypto Asset Regulation (MiCA), and the UAE established the VIRTUAL Asset Regulatory Authority to oversee tokenized assets.

According to the MP, India has a cultural affinity toward real estate and precious metals, which is why it is well-positioned to benefit from such legislation. 

“70 to 80% of our household assets are stored in these asset classes. India needs its asset tokenization. Bespoke legislation is needed, and a regulatory sandbox is required for this. On-the-go investment and ownership for the common man, truly for the common man,” Chadha surmised.

Chadha concluded his address in Parliament by stressing the need for a legal framework to enable asset tokenization. He proposed a regulatory sandbox to facilitate innovation while providing clarity for investors and companies alike. “Asset tokenization will become inclusive if regulatory clarity comes in India through the law,” he said, closing his argument.

Tokenization in discussion, stablecoins in caution

While Chadha focused on the benefits of tokenization, India’s central banking authorities are warning policymakers against quickly adopting other forms of digital assets. Deputy Governor of the Reserve Bank of India, T. Rabi Sankar, said last Friday that stablecoins pose significant macroeconomic risks and serve no purpose that fiat money cannot.

Sankar believes India has diverged from other economies like Japan and the EU because of concerns that integrating digital assets into mainstream finance could create systemic risks.

“Beyond the facilitation of illicit payments and circumvention of capital measures, stablecoins raise significant concerns for monetary stability, fiscal policy, banking intermediation, and systemic resilience,” Sankar continued, “Stablecoins do not serve any purpose fiat money cannot.”

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