PANews reported on July 3 that according to CoinDesk, the Abu Dhabi Stock Exchange (ADX) announced that it will list the first blockchain-based bond in the Middle East and North Africa. The bond is issued by First Abu Dhabi Bank (FAB) through HSBC's digital asset platform Orion. It will be recorded and traded on a distributed ledger and open to global institutional investors through international settlement systems such as Euroclear. The CEO of ADX Group said that this move lays the foundation for the subsequent launch of more types of tokenized assets such as green bonds and Islamic bonds. The issuance marks an important progress in the UAE's promotion of the digitization of traditional financial assets.