The Abu Dhabi Securities Exchange (ADX), MENA’s second-biggest exchange, is making history by listing the Middle East and North Africa’s first DLT-based bond. This groundbreaking digital bond, issued by First Abu Dhabi Bank (FAB) and leveraging HSBC Orion (operated by Hong Kong’s CMU), promises significant operational efficiencies, quicker settlement times, and improved security for investors. Global investors have multiple access points, including direct access through HSBC Orion or via existing custodians connected to CMU, Euroclear, or Clearstream. ADX’s Group CEO, Abdulla Salem Alnuaimi, emphasized that this initiative not only expands access to digital instruments but also establishes a foundation for future tokenized assets like green bonds and sukuk.
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