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 emphasizes the preference for regulated distributed ledger systems for institutional tokenized borrowing.

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

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