Mumbai’s St. Regis was buzzing on the day of the Binance Blockchain Yatra 2025. Over 400 participants, startup founders, technologists, investors, and government advisors, gathered to discuss how blockchain can move from experimentation to practical deployment. The event showcased not just innovation but the alignment of policy, talent, and infrastructure that is now defining India’s Web3 journey.
India’s digital bedrock, blockchain’s next frontier
Over the past decade, India has quietly built one of the world’s most expansive digital foundations, from Aadhaar and UPI to GSTN, transforming how citizens identify, transact, and access services. Yet as those rails mature, the next question emerges: how do we make these systems more transparent, secure, and tamper-proof?
That’s where blockchain moves beyond buzzword status. Maharashtra’s recent announcement of a framework to tokenise real-estate assets and unlock roughly ₹ 50 trillion in latent value underlines how seriously the industry is now treated as infrastructure. (Maharashtra aims to become the country’s first “tokenised state” 1.)
Tamil Nadu’s Blockchain Policy 2020 2 (alongside safe & ethical AI and cybersecurity policies) showed early leadership, offering a “blockchain backbone” for the delivery of citizen services and promoting awareness among senior officials.
Together with India’s National Blockchain Framework 3 (launched September 2024 to accelerate permissioned-blockchain applications for governance), these moves signal that blockchain is shifting from pilot to policy-driven deployment.
The Yatra’s mission: Turning curiosity into capability
The Binance Blockchain Yatra isn’t simply a touring event. It’s an education-led movement designed to turn curiosity into competence. Binance, the global blockchain ecosystem behind the world’s largest crypto exchange, is delivering an on-ground initiative in India to help students, developers, and entrepreneurs come together and explore blockchain’s real-world potential rather than just read about it. As Rachel Conlan, Global CMO at Binance, said: “India represents one of the most dynamic intersections of technology, finance, and creativity in the world. Our focus is to help accelerate responsible adoption by supporting developers, entrepreneurs, and institutions with education and trusted infrastructure.”
Across cities from Visakhapatnam to Chennai and Ahmedabad, the Binance Blockchain Yatra has created spaces where policymakers, innovators, entrepreneurs, and students meet face-to-face to explore blockchain’s real-world potential. In Visakhapatnam, the focus was on governance transparency; in Ahmedabad, on industrial applications for textiles and logistics; and in Chennai, on intersections of Web3, DeepTech, and AI.
Mumbai represented the culmination of these efforts: scale, capital, and policy alignment converging in one place.
Maharashtra’s tokenisation drive
A key highlight was the panel “Building Maharashtra’s Blockchain & Web3 Future: Policy, Innovation, and Asset Tokenisation”, featuring Kaustubh Dhavse, Chief Advisor to the Maharashtra CM; Tuhin Sinha, National BJP Spokesperson; and S.B. Seker, Head of APAC, Binance. Moderated by journalist Bhupendra Chaubey, the discussion focused on Maharashtra’s framework to tokenise assets, potentially unlocking ₹50 trillion in dormant capital.
Kaustubh Dhavse, Chief Advisor to the Chief Minister, Maharashtra, said, “Maharashtra is committed to setting the pace for responsible blockchain adoption. The proposed asset tokenisation framework reflects our vision of unlocking dormant value through digitisation, not in isolation, but through collaboration between government, industry, and innovators. Our goal is to make blockchain a growth engine for public infrastructure and citizen services.”
Tuhin Sinha, National Spokesperson, Bharatiya Janata Party, said: “The government’s approach towards blockchain technology and Web3 has been one of cautious optimism, in sync with our larger mission of ensuring the ethical usage of technology innovation. These futuristic technologies will provide a crucial pivot for a transparent, efficient, and participatory economy. India’s strength lies in combining robust digital infrastructure with forward-thinking policy. The effort now is to channel this innovation toward real public value, whether in land records, governance, or financial inclusion.”
SB Seker, Head of APAC, Binance, added, “Across Asia-Pacific, we are witnessing how public–private collaboration is shaping the future of finance. India’s combination of regulatory foresight, talent, and innovation puts it in a unique position to lead responsibly. At Binance, our mission is to partner with governments and builders to create the infrastructure and trust frameworks that enable sustainable blockchain adoption, not just growth for the industry, but progress for the economy.”
The panel underscored a shift: blockchain is no longer speculative hype but a tool for public infrastructure, efficiency, and accountability.
Hands-on learning and dialogue
Beyond panels, the Mumbai Yatra included fireside sessions and dialogues that brought policy and technology together on the same stage. Participants could see how blockchain frameworks might operate in real governance contexts, understand regulatory considerations, and explore practical applications in industry.
“At Binance, we see India not just as a growth market but as a proving ground for how Web3 can create scalable, real-world impact, from digital identity and financial inclusion to tokenised assets and new creator economies,” Rachel Conlan reiterated, emphasising that Binance is not just building markets, it is building ecosystems.
Toward a collective movement
If one thing is clear from this Yatra, it’s that India’s blockchain future will not be built in silos. It will emerge through shared learning and community spaces where technology meets purpose.
By bridging global expertise with local ambition, Binance is helping turn blockchain into more than code: a movement rooted in responsibility, inclusion, and trust. Because in India’s digital story, the next chapter isn’t just about access, it’s about trust. The Mumbai edition was proof that blockchain is no longer a fringe technology, it is integral to India’s digital development agenda.
References:
1. https://www.linkedin.com/posts/garima-singh-03907229_maharashtra-tokenization-digitalassets-activity-7383697916953272320-qdCN
2. https://tnega.tn.gov.in/assets/pdf/Blockchan_Policy_TamilNadu.pdf
3. https://www.pib.gov.in/PressReleasePage.aspx?PRID=2182023
*You must be at least 18 years old to access this site.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
India’s digital bedrock, blockchain’s next frontier
Over the past decade, India has quietly built one of the world’s most expansive digital foundations, from Aadhaar and UPI to GSTN, transforming how citizens identify, transact, and access services. Yet as those rails mature, the next question emerges: how do we make these systems more transparent, secure, and tamper-proof?
That’s where blockchain moves beyond buzzword status. Maharashtra’s recent announcement of a framework to tokenise real-estate assets and unlock roughly ₹ 50 trillion in latent value underlines how seriously the industry is now treated as infrastructure. (Maharashtra aims to become the country’s first “tokenised state” 1.)
Tamil Nadu’s Blockchain Policy 2020 2 (alongside safe & ethical AI and cybersecurity policies) showed early leadership, offering a “blockchain backbone” for the delivery of citizen services and promoting awareness among senior officials.
Together with India’s National Blockchain Framework 3 (launched September 2024 to accelerate permissioned-blockchain applications for governance), these moves signal that blockchain is shifting from pilot to policy-driven deployment.
The Yatra’s mission: Turning curiosity into capability
The Binance Blockchain Yatra isn’t simply a touring event. It’s an education-led movement designed to turn curiosity into competence. Binance, the global blockchain ecosystem behind the world’s largest crypto exchange, is delivering an on-ground initiative in India to help students, developers, and entrepreneurs come together and explore blockchain’s real-world potential rather than just read about it. As Rachel Conlan, Global CMO at Binance, said: “India represents one of the most dynamic intersections of technology, finance, and creativity in the world. Our focus is to help accelerate responsible adoption by supporting developers, entrepreneurs, and institutions with education and trusted infrastructure.”
Across cities from Visakhapatnam to Chennai and Ahmedabad, the Binance Blockchain Yatra has created spaces where policymakers, innovators, entrepreneurs, and students meet face-to-face to explore blockchain’s real-world potential. In Visakhapatnam, the focus was on governance transparency; in Ahmedabad, on industrial applications for textiles and logistics; and in Chennai, on intersections of Web3, DeepTech, and AI.
Mumbai represented the culmination of these efforts: scale, capital, and policy alignment converging in one place.
Maharashtra’s tokenisation drive
A key highlight was the panel “Building Maharashtra’s Blockchain & Web3 Future: Policy, Innovation, and Asset Tokenisation”, featuring Kaustubh Dhavse, Chief Advisor to the Maharashtra CM; Tuhin Sinha, National BJP Spokesperson; and S.B. Seker, Head of APAC, Binance. Moderated by journalist Bhupendra Chaubey, the discussion focused on Maharashtra’s framework to tokenise assets, potentially unlocking ₹50 trillion in dormant capital.
Kaustubh Dhavse, Chief Advisor to the Chief Minister, Maharashtra, said, “Maharashtra is committed to setting the pace for responsible blockchain adoption. The proposed asset tokenisation framework reflects our vision of unlocking dormant value through digitisation, not in isolation, but through collaboration between government, industry, and innovators. Our goal is to make blockchain a growth engine for public infrastructure and citizen services.”
Tuhin Sinha, National Spokesperson, Bharatiya Janata Party, said: “The government’s approach towards blockchain technology and Web3 has been one of cautious optimism, in sync with our larger mission of ensuring the ethical usage of technology innovation. These futuristic technologies will provide a crucial pivot for a transparent, efficient, and participatory economy. India’s strength lies in combining robust digital infrastructure with forward-thinking policy. The effort now is to channel this innovation toward real public value, whether in land records, governance, or financial inclusion.”
SB Seker, Head of APAC, Binance, added, “Across Asia-Pacific, we are witnessing how public–private collaboration is shaping the future of finance. India’s combination of regulatory foresight, talent, and innovation puts it in a unique position to lead responsibly. At Binance, our mission is to partner with governments and builders to create the infrastructure and trust frameworks that enable sustainable blockchain adoption, not just growth for the industry, but progress for the economy.”
The panel underscored a shift: blockchain is no longer speculative hype but a tool for public infrastructure, efficiency, and accountability.
Hands-on learning and dialogue
Beyond panels, the Mumbai Yatra included fireside sessions and dialogues that brought policy and technology together on the same stage. Participants could see how blockchain frameworks might operate in real governance contexts, understand regulatory considerations, and explore practical applications in industry.
“At Binance, we see India not just as a growth market but as a proving ground for how Web3 can create scalable, real-world impact, from digital identity and financial inclusion to tokenised assets and new creator economies,” Rachel Conlan reiterated, emphasising that Binance is not just building markets, it is building ecosystems.
Toward a collective movement
If one thing is clear from this Yatra, it’s that India’s blockchain future will not be built in silos. It will emerge through shared learning and community spaces where technology meets purpose.
By bridging global expertise with local ambition, Binance is helping turn blockchain into more than code: a movement rooted in responsibility, inclusion, and trust. Because in India’s digital story, the next chapter isn’t just about access, it’s about trust. The Mumbai edition was proof that blockchain is no longer a fringe technology, it is integral to India’s digital development agenda.
References:
1. https://www.linkedin.com/posts/garima-singh-03907229_maharashtra-tokenization-digitalassets-activity-7383697916953272320-qdCN
2. https://tnega.tn.gov.in/assets/pdf/Blockchan_Policy_TamilNadu.pdf
3. https://www.pib.gov.in/PressReleasePage.aspx?PRID=2182023
*You must be at least 18 years old to access this site.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
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