Polygon, in collaboration with fintech startup Anq, is reportedly developing a digital token backed by Indian government securities. This initiative aims to bolster the value of the Indian Rupee and potentially revolutionize how government securities are traded and utilized. According to the Times of India, the project envisions tokenizing government bonds, making them more accessible and liquid for a wider range of investors. By representing these securities as digital tokens on the Polygon blockchain, Anq and Polygon hope to introduce greater efficiency and transparency to the Indian financial market. This move could also pave the way for innovative financial products and services built on top of this infrastructure. The success of this project could significantly impact the adoption of blockchain technology in the Indian financial sector. ```