The London-based firm says the deal underscores growing institutional demand for blockchain oversight as banks move deeper into digital assets.
The banks have joined the Canton Foundation, the governance organization that runs the Canton Network.
The issuance of the first digital bond lays the groundwork for a broader set of tokenized assets like Islamic bonds and real estate products, ADX Group CEO said.
The issuance of the first digital bond lays the groundwork for a broader set of tokenized assets like Islamic bonds and real estate products, ADX Group CEO said.
HSBC bank completed three proofs of concept in the Project Ensemble sandbox.
The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.