Abu Dhabi Securities Exchange to List the MENA Region’s First Blockchain Bond

According to Jinse Finance, the Abu Dhabi Securities Exchange (ADX) has announced its readiness to list the Middle East and North Africa’s first blockchain-based bond. This bond will be issued by First Abu Dhabi Bank (FAB) using HSBC’s digital asset issuance platform, Orion. The bond will be recorded and traded on distributed ledger technology, allowing investors to purchase and hold it directly on the blockchain. This is expected to accelerate settlement times, reduce counterparty risk, and enhance transparency. Global institutional investors will be able to access the bond through major securities settlement systems, including Euroclear, Clearstream, and Hong Kong’s Central Moneymarkets Unit.