Abu Dhabi lists its first blockchain bond on the Abu Dhabi Securities Exchange through a collaboration between FAB, HSBC, and ADX.
The issuance was executed using HSBC’s Orion blockchain platform, with FAB as the issuer and HSBC as the global coordinator.
Extensive legal and regulatory groundwork was done to ensure global compliance, aiming to merge blockchain efficiency with traditional market infrastructure.
The bond listing offers reduced operational costs, faster settlements, and increased transparency, potentially setting a new standard for debt issuance.