Latest news with #digitalbond
Al Bawaba
a day ago
- Business
- Al Bawaba
Abu Dhabi Securities Exchange (ADX) partners with HSBC and FAB to launch MENA's First Digital Bond
Abu Dhabi Securities Exchange (ADX), the largest exchange in the UAE and second largest exchange in the Middle East North Africa (MENA), 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. 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 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 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. Introducing the digital bond into ADX's growing list of financial products supports its broader ambition to offer innovative financial instruments and signifies the Exchange's pioneering role in introducing tokenised bonds, fixed-income securities issued and recorded on blockchain technology, offer operational efficiencies, improved settlement cycles, reduced counterparty risk, improved security and enhanced transparency for institutional acted as the sole global coordinator, lead manager and bookrunner on the transaction, and played a central role in bringing the end-to-end blockchain-based issuance to the MENA region. Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, said: 'The successful issuance of MENA's first blockchain-based digital bond, in close collaboration with FAB and HSBC, marks a defining moment in our journey to transform capital markets through innovation. ADX was central in facilitating this milestone, ensuring the bond's seamless integration with existing post-trade infrastructure and compatibility with global settlement standards.'ADX Group CEO added: 'This initiative not only expands access to institutional-grade digital instruments, but also lays the foundation for a broader class of tokenized assets—including green bonds, sukuk, and real estate-linked products. It reinforces Abu Dhabi's position as a leading global financial centre. It aligns with the UAE's national agenda to build a diversified, technology-driven capital market anchored in transparency, resilience, and long-term growth.'Lars Kramer, Group Chief Financial Officer at First Abu Dhabi Bank (FAB), said: 'This milestone marks a significant advancement in our innovation journey, establishing FAB as the issuer for the first blockchain-based digital bond in the MENA region. Together with ADX and HSBC, we are setting new benchmarks in efficiency, transparency, and security, while aligning with the UAE's progressive regulatory framework. By transforming traditional settlement processes into seamless digital workflows, we are not only advancing FAB's digital transformation but also supporting investors navigate the global digital assets landscape. This bond issuance accelerates the development of a robust digital capital markets ecosystem in the UAE.'Mohamed Al Marzooqi, Chief Executive Officer, UAE, HSBC Bank Middle East Limited, said: 'The successful launch of MENA's first digital bond on ADX using HSBC Orion shows how we are transforming the promise of tokenisation into reality for our region. By combining our global experience with trusted local partners, ADX and FAB, we're helping bolster the region's capital markets - making them more transparent, efficient and accessible to investors. This is a significant milestone towards a future where digital assets become a mainstream part of the Middle East's financial landscape.' Designed to ensure compatibility with global settlement infrastructure, the bond integrates digital technology with existing post-trade infrastructure, bridging traditional markets with next-generation issuance models and supporting institutional access.
Arabian Business
2 days ago
- Business
- Arabian Business
Abu Dhabi's ADX lists first blockchain bond in MENA region
Abu Dhabi Securities Exchange (ADX) has commenced the pricing stage for the first distributed ledger technology-based bond in the Middle East and North Africa (MENA) region. First Abu Dhabi Bank (FAB) issued the bond using HSBC Orion, a digital assets platform operated by the Central Moneymarkets Unit in Hong Kong. ADX, FAB, HSBC pioneer blockchain bond The bond listing represents a collaboration between ADX, HSBC, and FAB, combining regional financial leadership with global expertise in digital issuance. 'The successful issuance of MENA's first blockchain-based digital bond, in close collaboration with FAB and HSBC, marks a defining moment in our journey to transform capital markets through innovation. ADX was central in facilitating this milestone, ensuring the bond's seamless integration with existing post-trade infrastructure and compatibility with global settlement standards,' Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX said. 'This initiative not only expands access to institutional-grade digital instruments, but also lays the foundation for a broader class of tokenised assets—including green bonds, sukuk, and real estate-linked products. It reinforces Abu Dhabi's position as a leading global financial centre. It aligns with the UAE's national agenda to build a diversified, technology-driven capital market anchored in transparency, resilience, and long-term growth,' he added. The transaction received support from international law firms and reflects high standards of governance. Global investors can access the digital bond through accounts held with CMU, Euroclear and Clearstream, by onboarding onto HSBC Orion as direct participants, or through their existing custodians who can participate via these options. 'This milestone marks a significant advancement in our innovation journey, establishing FAB as the issuer for the first blockchain-based digital bond in the MENA region. Together with ADX and HSBC, we are setting new benchmarks in efficiency, transparency, and security, while aligning with the UAE's progressive regulatory framework. By transforming traditional settlement processes into seamless digital workflows, we are not only advancing FAB's digital transformation but also supporting investors navigate the global digital assets landscape. This bond issuance accelerates the development of a robust digital capital markets ecosystem in the UAE,' Lars Kramer, Group Chief Financial Officer at First Abu Dhabi Bank (FAB) explained. The listing supports ADX's ambition to offer financial instruments and establishes the Exchange's role in introducing tokenised finance. Digital bonds are fixed-income securities issued and recorded on blockchain technology. They offer operational efficiencies, improved settlement cycles, reduced counterparty risk, improved security and enhanced transparency for institutional investors. HSBC acted as the sole global coordinator, lead manager and bookrunner on the transaction, bringing the end-to-end blockchain-based issuance to the MENA region. 'The successful launch of MENA's first digital bond on ADX using HSBC Orion shows how we are transforming the promise of tokenisation into reality for our region. By combining our global experience with trusted local partners, ADX and FAB, we're helping bolster the region's capital markets – making them more transparent, efficient and accessible to investors. This is a significant milestone towards a future where digital assets become a mainstream part of the Middle East's financial landscape,' Mohamed Al Marzooqi, Chief Executive Officer, UAE, HSBC Bank Middle East Limited said. The bond ensures compatibility with global settlement infrastructure, integrating digital technology with existing post-trade infrastructure. It bridges traditional markets with next-generation issuance models and supports institutional access. ADX is the largest exchange in the UAE and the second-largest exchange in the MENA region. The listing supports ADX's mission to lead financial innovation and support Abu Dhabi's digital transformation agenda.
Khaleej Times
2 days ago
- Business
- Khaleej Times
Abu Dhabi Securities Exchange to launch Middle East's first digital bond
Abu Dhabi Securities Exchange (ADX), the largest exchange in the UAE and second largest exchange in the Middle East North Africa (Mena), 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. 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. 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. Introducing the digital bond into ADX's growing list of financial products supports its broader ambition to offer innovative financial instruments and signifies the Exchange's pioneering role in introducing tokenised finance. Digital bonds, fixed-income securities issued and recorded on blockchain technology, offer operational efficiencies, improved settlement cycles, reduced counterparty risk, improved security and enhanced transparency for institutional investors. Designed to ensure compatibility with global settlement infrastructure, the bond integrates digital technology with existing post-trade infrastructure, bridging traditional markets with next-generation issuance models and supporting institutional access. HSBC acted as the sole global coordinator, lead manager and bookrunner on the transaction, and played a central role in bringing the end-to-end blockchain-based issuance to the MENA region. Abdulla Salem Alnuaimi, group chief executive officer of ADX, said: 'The successful issuance of MENA's first blockchain-based digital bond, in close collaboration with FAB and HSBC, marks a defining moment in our journey to transform capital markets through innovation. ADX was central in facilitating this milestone, ensuring the bond's seamless integration with existing post-trade infrastructure and compatibility with global settlement standards.' He added: 'This initiative not only expands access to institutional-grade digital instruments, but also lays the foundation for a broader class of tokenized assets—including green bonds, sukuk, and real estate-linked products. It reinforces Abu Dhabi's position as a leading global financial centre. It aligns with the UAE's national agenda to build a diversified, technology-driven capital market anchored in transparency, resilience, and long-term growth.' Lars Kramer, group chief financial officer at FAB, said: 'This milestone marks a significant advancement in our innovation journey, establishing FAB as the issuer for the first blockchain-based digital bond in the MENA region. Together with ADX and HSBC, we are setting new benchmarks in efficiency, transparency, and security, while aligning with the UAE's progressive regulatory framework. By transforming traditional settlement processes into seamless digital workflows, we are not only advancing FAB's digital transformation but also supporting investors navigate the global digital assets landscape. This bond issuance accelerates the development of a robust digital capital markets ecosystem in the UAE.' Mohamed Al Marzooqi, chief executive officer, UAE, HSBC Bank Middle East Limited, said: 'The successful launch of MENA's first digital bond on ADX using HSBC Orion shows how we are transforming the promise of tokenisation into reality for our region. By combining our global experience with trusted local partners, ADX and FAB, we're helping bolster the region's capital markets - making them more transparent, efficient and accessible to investors. This is a significant milestone towards a future where digital assets become a mainstream part of the Middle East's financial landscape.'
Gulf Business
2 days ago
- Business
- Gulf Business
ADX, FAB and HSBC launch MENA's first DLT-based digital bond
Image: Supplied The Abu Dhabi Securities Exchange ( The bond — structured using blockchain technology and listed on ADX — will be made available on HSBC Orion, a market-leading digital assets platform operated by the Central Moneymarkets Unit (CMU) in Hong Kong. This initiative represents a strategic collaboration between ADX, FAB, and HSBC, and reinforces Abu Dhabi's commitment to developing a diversified, technology-driven capital market. 'The successful issuance of MENA's first blockchain-based digital bond, in close collaboration with FAB and HSBC, marks a defining moment in our journey to transform capital markets through innovation,' said Abdulla Salem Alnuaimi, group CEO of ADX. Key milestone for ADX 'ADX was central in facilitating this milestone, ensuring the bond's seamless integration with existing post-trade infrastructure and compatibility with global settlement standards.' Global investors can access the digital bond through accounts held with CMU, Euroclear, and Clearstream, either directly via HSBC Orion or through their existing custodians. The product will provide operational efficiencies, faster settlement cycles, lower counterparty risk, enhanced security, and improved transparency — key benefits of blockchain-based fixed income instruments. 'This initiative not only expands access to institutional-grade digital instruments, but also lays the foundation for a broader class of tokenised assets, including green bonds, sukuk, and real estate-linked products,' Alnuaimi added. 'It reinforces Abu Dhabi's position as a leading global financial centre.' Lars Kramer, group CFO at First Abu Dhabi Bank, said: 'This milestone marks a significant advancement in our innovation journey, establishing FAB as the issuer for the first blockchain-based digital bond in the MENA region. 'Together with ADX and HSBC, we are setting new benchmarks in efficiency, transparency, and security, while aligning with the UAE's progressive regulatory framework.' HSBC acted as sole global coordinator, lead manager, and bookrunner on the transaction. Mohamed Al Marzooqi, CEO, UAE at HSBC Bank Middle East, said: 'The successful launch of MENA's first digital bond on ADX using HSBC Orion shows how we are transforming the promise of tokenisation into reality for our region. By combining our global experience with trusted local partners, ADX and FAB, we're helping bolster the region's capital markets.'
Zawya
2 days ago
- Business
- Zawya
Abu Dhabi stock exchange to list MENA's first digital bond
The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East and North Africa (MENA), will list the first-ever distributed ledger technology (DLT)-based bond in the Middle East and North Africa (MENA) region. The bond is issued by First Abu Dhabi Bank (FAB) using HSBC Orion, a digital assets platform and will be listed on ADX. HSBC Orion is operated by the Central Moneymarkets Unit (CMU) in Hong Kong, which is supported by top international law firms, ADX said in a statement. Global investors can access the digital bond through accounts held with CMU, Euroclear and Clearstream, onboarding onto HSBC Orion or via their existing custodian who can participate through one of the above options. Digital bonds, fixed-income securities issued and recorded on the blockchain, offer operational efficiencies, improved settlement cycles, reduced counterparty risk, enhanced security, and increased transparency for institutional investors. HSBC acted as the sole global coordinator, lead manager and bookrunner on the transaction. Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, said the initiative not only expands access to institutional-grade digital instruments, but lays the foundation for a broader class of tokenised assets, including green bonds, sukuk, and real estate-linked products.
