The Abu Dhabi Securities Exchange (ADX) has issued its inaugural digital bond, structured and managed entirely on blockchain with HSBC as the sole lead manager. This innovation enhances transparency—tracking bond ownership, coupon payments, and terms in real time—and potentially enables 24/7 fractional trading, opening fixed-income markets to broader investor access. While total issuance remains modest (around $1.6 billion globally), the move positions ADX at the forefront of digital financial innovation in the region. 

Source: gulfnews,com