Doha Bank has completed a $150 million digital bond issuance using Euroclear’s distributed ledger technology, achieving same-day, or T+0, settlement on a permissioned platform rather than a public blockchain. The digitally native notes were listed on the London Stock Exchange’s International Securities Market, with Euroclear providing post-trade infrastructure through its Digital Financial Market Infrastructure.
The transaction highlights a broader institutional shift toward regulated DLT systems that integrate with existing custody, settlement, and legal frameworks. Standard Chartered acted as sole global coordinator and arranger, reflecting continued demand from issuers for tokenization models that deliver efficiency gains without introducing regulatory uncertainty.
Across the Middle East and Asia, banks and regulators are increasingly embedding DLT into established capital markets rather than building parallel crypto-native systems. The Doha Bank deal adds to a growing pipeline of digital bond issuances that prioritize legal finality, controlled access, and interoperability while delivering faster settlement and operational efficiencies.