Doha Bank issued a digital bond worth 150 million dollars.

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

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

This transaction draws attention as part of efforts to modernize the capital market infrastructure in the region. Distributed ledger technology is being integrated with existing systems to provide innovation; rather than creating new crypto-focused systems, the emphasis is on advancing through existing structures.