Abu Dhabi Securities exchange (ADX) He said On Thursday, she is preparing to list the first bond based on Blockchain in the Middle East and North Africa (enamel) The region, a step indicating an increase in momentum behind the distinctive financing in the region.
It is scheduled to be issued by Abu Dhabi First Bank (FAB) Using the digital assets version platform from the World Bank HSBC OrionThe press statement said that the bond will be registered and circulated on the technician of the distributing professor. This means that investors will be able to buy and raise bonds directly on Blockchand bars, which may accelerate the settlement times, which reduces the risks of the opposite party and enhance transparency.
The bond will be available to global institutional investors through major securities settlement systems including the CPU, EUROCLEAR, Clearstream and Hong Kong.
The version is part of Abu Dhabi A broader strategy to play a major role in the asset symbol in the real world (RWA) Like bonds, real money or real estate, a hot hot direction that attracts the attention of large banks and asset managers. The distinctive RWA market can grow into trillion dollars over the coming years, and several reports before Ripple, BCGand McKinsey and Carted Standard expected.
“This initiative does not only expand access to the digital class tools, but also sets the foundation for a wider category of distinctive assets-including
Green bonds, Sokuk [Islamic bond] Abdullah Salem Al Nawimi said in a statement that the products related to real estate.
“It strengthens Abu Dhabi’s position as a leading global financial center,” he added.
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