FAB to Issue UAE’s First Digital Bond on HSBC Orion Platform
Groundbreaking issuance to list on Abu Dhabi Securities Exchange
First Abu Dhabi Bank, the UAE’s largest lender, plans to issue the country’s first blockchain-powered digital bond using HSBC’s Orion platform, with a listing set for the Abu Dhabi Securities Exchange.
The move marks a significant milestone in the UAE’s adoption of cutting-edge financial technology, signaling a new era for capital markets with enhanced transparency and efficiency for investors.