ADX and HSBC Collaborate on Pioneering Digital Fixed-Income Securities Project in the Middle East

According to Abdullah, ADX and HSBC will explore a framework that enables digital assets, such as digital bonds, to be made available on HSBC Orion, the bank's digital assets platform, and to be listed on ADX.

Mohamed Al Marzouqi, CEO of HSBC UAE, added, "HSBC is digitizing at scale by adopting new technologies like blockchain to enable the issuance of digital assets, hold them in custody, and make them available for trading. This capability will help accelerate efficiency and drive new and innovative opportunities for investors. HSBC and ADX are working together to leverage HSBC Orion, our proprietary digital assets platform, and use our collective capabilities in capital markets and custody, to bring this exciting development to the market."

It is worth noting that digital bonds are financial instruments created and managed using blockchain and smart contract technology to enhance efficiencies in capital markets.

The use of blockchain technology enables a wider range of assets, including equity, fixed income, real estate, and private equity, to be tokenized, making ownership of these assets more accessible to a broader range of investors and increasing the accessibility of securities markets.