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ADX partners with HSBC, FAB to launch Mena's first digital bond
Gulf Today
|July 04, 2025
Abu Dhabi Securities Exchange (ADX) has announced the commencement of the pricing stage as the initial step toward listing the first-ever, distributed ledger technology (DLT)-based bond in the region.
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Issued by First Abu Dhabi Bank (FAB) using HSBC Orion, a market-leading digital assets platform, the upcoming bond listing represents a landmark step in ADX’s mission to lead financial innovation and support Abu Dhabi’s digital transformation agenda.
The upcoming listing is the result of strategic collaboration between ADX, HSBC, and FAB, combining regional financial leadership with global expertise in digital issuance. It is powered by HSBC Orion, which is operated by the Central Moneymarkets Unit (CMU) in Hong Kong, and structured with support from leading international law firms, reflecting the high standard of governance.
Global investors can access the digital bond through accounts held with CMU, Euroclear and Clearstream, onboarding onto HSBC Orion as direct participant, or via their existing custodian who can participate through one of the above options.
This story is from the July 04, 2025 edition of Gulf Today.
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