First Abu Dhabi Bank to Issue MENA’s First Digital Bond on ADX
2025-07-03 17:03:08
Main Idea
First Abu Dhabi Bank (FAB) is issuing the Middle East and North Africa's (MENA) first blockchain-based digital bond on the Abu Dhabi Securities Exchange (ADX), in collaboration with HSBC's Orion platform, marking a shift toward digital capital markets.
Key Points
1. The bond is the first blockchain-based digital bond in the MENA region, issued by FAB and listed on ADX.
2. HSBC's Orion digital asset platform powers the bond, integrating distributed ledger technology (DLT) into capital markets infrastructure.
3. The initiative is a result of strategic collaboration among ADX, HSBC, and FAB, with HSBC acting as the platform operator.
4. The bond's development involved top-tier international law firms to ensure governance and regulatory compliance.
5. The project aligns with the UAE's progressive regulatory landscape and aims to improve efficiency and trust in capital markets.
Description
ADX lists MENA’s first blockchain bond, issued by FAB on HSBC Orion platform Blockchain bond enhances market efficiency, transparency, and investor access Strategic ADX, HSBC, FAB partnership signals shift toward digital capital markets The Abu Dhabi Securities Exchange (ADX) is preparing to list the first-ever blockchain-based digital bond in the Middle East and North Africa (MENA). Issued by First Abu Dhabi Bank (FAB), the nation’s largest bank, and powered by HSBC’s Orion digital asset platfo...
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