The exchange of abu dhabi values (ADX) On Thursday he is preparing to list the first blockchain headquarters in the Middle East and North Africa (Ore) Region, a movement that indicates a growing impulse behind the tokenized finances in the region.
Established to be issued by First Abu Dhabi Bank (FAB) Using the digital asset issuance platform Bank HSBC Orion, the bonus will be registered and negotiated in distributed accounting technology, according to the press release. That means that investors can buy and maintain the bonus directly in blockchain rails, potentially accelerating the liquidation times, reducing the risk of counterpart and improving transparency.
The bonus will be accessible to global institutional investors through the main securities liquidation systems, including Euroclear, Clearstream and the Central Money Coins of Hong Kong.
The broadcast is part of the broader strategy of Abu Dhabi to play a key role in the tokenization of real world assets (RWA) such as bonds, real or patrimonial funds, a living red trend that has captivated the attention of large banks and asset administrators. The RWA Tokenized market could grow to billions of dollars in the coming years, several reports from Ripple, BCG, McKinsey and Standard Chartered projected.
“This initiative not only expands access to digital instruments of institutional degree, but also feels the basis for a broader class of tokenized assets, including
Green bonds, Sukuk [Islamic bond] And real estate products, “said Adx Group CEO, Abdulla Salem Alnuaimi, in a statement.
“It reinforces the position of Abu Dhabi as a leading world financial center,” he added.
Read more: ADGM and ABU Dhabi Chainlink partner to develop compatible tokenization frames
