Doha Bank issued a $150 million digital bond.

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

The bond was listed on the London Stock Exchange’s International Securities Market. The transaction was executed through a permitted distributed ledger platform on the same day and was concluded 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 foster innovation; rather than creating new crypto-focused systems, the preference is to advance through existing structures.