Doha Bank issued a digital bond worth 150 million dollars.

Doha Bank has issued a digital bond valued at 150 million dollars using Euroclear’s distributed ledger infrastructure. This transaction emphasizes the preference for regulated distributed ledger systems for institutional tokenized debt issuance.

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

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 drive innovation; rather than creating new crypto-focused systems, the preference is to advance through existing structures.