{"id":26509,"date":"2026-02-13T18:42:08","date_gmt":"2026-02-13T18:42:08","guid":{"rendered":"https:\/\/diyhaven858.wasmer.app\/index.php\/uk-picks-hsbc-as-platform-provider-for-its-digital-bond-pilot-issuance\/"},"modified":"2026-02-13T18:42:08","modified_gmt":"2026-02-13T18:42:08","slug":"uk-picks-hsbc-as-platform-provider-for-its-digital-bond-pilot-issuance","status":"publish","type":"post","link":"https:\/\/diyhaven858.wasmer.app\/index.php\/uk-picks-hsbc-as-platform-provider-for-its-digital-bond-pilot-issuance\/","title":{"rendered":"UK picks HSBC as platform provider for its digital bond pilot issuance"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->LONDON, Feb 12 (Reuters) &#8211; The UK has chosen HSBC&#8217;s blockchain platform to run the country&#8217;s \u200cpilot issuance of tokenised or digital government \u200cbonds, the bank said on Thursday, a move that puts Britain \u200bahead of its G7 peers in exploring blockchain-based sovereign debt.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The UK&#8217;s &#8220;Digital Gilt Instrument&#8221; pilot, which was announced in 2024, tests how distributed-ledger technology could make \u200ccapital markets more efficient \u2060and reduce costs for financial institutions. It is unclear when the government plans to \u2060issue the gilt using the new technology.<!-- HTML_TAG_END --><\/p>\n<p> <iframe loading=\"lazy\" title=\"CDS Widget\" src=\"https:\/\/templates.cds.yahoo.com\/remote\/widget?campaignId=f29d9636-839a-47b1-b30b-2c5d57501dc4&amp;lineItemId=44fc9657-ef9b-4b1c-af68-6ddd597c9599&amp;site=finance&amp;contentId=7d1ee27e-1ca3-3d59-9134-6ad51e27c6de&amp;spaceId=1183300100&amp;providerId=reuters-finance.com\" scrolling=\"no\" height=\"0\" data-testid=\"iframe-with-resizer\" class=\"yf-16wd5dt\"><\/iframe> <\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Patrick George, HSBC&#8217;s global head of markets and securities services, said \u200bin a \u200bstatement that the bank \u200bwas &#8220;delighted&#8221; to support the \u200cdevelopment of the gilt market and wider UK economy.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->George said the bank&#8217;s Orion platform had a &#8220;proven track record&#8221; of delivering successful outcomes in other jurisdictions, having enabled the issuance of more than $3.5 billion \u200cin digital bonds globally across \u200bthe sovereign, central bank, financial \u200binstitution, and corporate \u200bsectors.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The government also appointed Ashurst LLP to \u200cprovide legal services for the \u200bDIGIT pilot, \u200bit said in a statement.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->While interest in issuing traditional assets on blockchain is rising globally, \u200btokenised debt remains \u200ca small fraction of the market.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->(Reporting by \u200bMuvija M and Phoebe Seers; editing by Sarah \u200bYoung and Rashmi AIch)<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, Feb 12 (Reuters) &#8211; The UK has chosen HSBC&#8217;s blockchain platform to run the country&#8217;s \u200cpilot issuance of tokenised or digital government \u200cbonds, the bank said on Thursday, a move that puts Britain \u200bahead of its G7 peers in exploring blockchain-based sovereign debt. The UK&#8217;s &#8220;Digital Gilt Instrument&#8221; pilot, which was announced in 2024, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[1035,3017,3018,3020,3019],"class_list":["post-26509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-government-bonds","tag-hsbc","tag-patrick-george","tag-pilot","tag-uk"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/diyhaven858.wasmer.app\/wp-content\/uploads\/2026\/02\/875bbffcf9ae0c2d880c52f44461118c.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/26509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/comments?post=26509"}],"version-history":[{"count":0,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/26509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media\/26510"}],"wp:attachment":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media?parent=26509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/categories?post=26509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/tags?post=26509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}