Doha Bank issued a digital bond worth 150 million dollars.

Doha Bank has issued a $150 million digital bond using Euroclear’s distributed ledger infrastructure. This transaction highlights the preference for regulated distributed ledger systems for corporate tokenized borrowing.

The bond is listed on the London Stock Exchange’s International Securities Market. The transaction was completed on the same day through a permissioned distributed ledger platform and was quickly finalized.

This transaction is part of efforts to modernize the capital market infrastructure in the region. Distributed ledger technology is being integrated into existing systems to foster innovation; the preference is to advance through existing structures rather than creating new crypto-focused systems.