UK selects HSBC platform for digital bond pilot issuance #
The UK government has chosen HSBC’s digital asset platform to support a pilot issuance of a digital bond, marking a step forward in its exploration of blockchain-based capital markets infrastructure. The initiative is part of the UK’s broader effort to modernise financial markets and test how distributed ledger technology can be used in sovereign debt issuance
The pilot will examine how digital bonds can be issued, settled and recorded using tokenised infrastructure, with the aim of improving efficiency and transparency in the process. Authorities said the project will help assess the operational and regulatory implications of digital securities as the UK positions itself as a hub for financial innovation.