Abu Dhabi Leaps into Bond Tokenization: HSBC & FAB Fuel RWA Revolution as Traditional Finance Scrambles to Catch Up
Move over, paper bonds—Abu Dhabi just dragged debt markets into the 21st century.
HSBC and First Abu Dhabi Bank (FAB) are piloting a blockchain-based bond tokenization platform, accelerating the real-world asset (RWA) tokenization trend that's leaving legacy systems in the dust.
Why This Matters
Tokenized bonds slash settlement times from days to minutes while unlocking liquidity for institutional players. The UAE's latest move proves even oil-rich economies see more future in bytes than barrels.
The Bigger Picture
Global RWA tokenization is projected to hit $10T by 2030—if Wall Street compliance teams don't strangle it in red tape first. Meanwhile, Abu Dhabi's playing chess while traditional finance struggles with checkers.
Funny how banks suddenly love blockchain when they're the ones controlling the nodes.