Core Viewpoint - The Indian Parliament is considering a "Tokenization Bill" aimed at enabling fractional ownership of traditionally expensive assets, which could democratize investment opportunities for the middle class [1][2]. Group 1: Tokenization and Investment Inclusion - MP Raghav Chadha advocates for a tokenization bill to make investment and asset ownership more inclusive, similar to how UPI transformed digital payments [2]. - The proposed legislation would allow the middle class to access high-return assets and provide instant liquidity without brokers [2][3]. Group 2: Regulatory Framework and Global Capital - A bespoke legislation for asset tokenization is deemed necessary to attract global capital flows and provide clarity in investment [3][5]. - Raj Kapoor emphasizes that jurisdictions with legal clarity are becoming attractive for global capital, and India must establish a tokenization bill to retain economic sovereignty [4][5]. Group 3: Risks of Inaction - Without a clear statutory framework, there is a risk of Indian assets and startups migrating offshore, which could undermine domestic value creation [6].