HSBC’s asset tokenisation platform Orion has been selected by HM Treasury as the issuance provider for its Digital Gilt Instrument (DIGIT) pilot. Part of the UK’s Wholesale Financial Markets Digital Strategy, DIGIT will operate within the Digital Securities Sandbox (DSS) and provide on-chain settlement outside of the Government’s main debt management programme. The broader strategy
By Sofia Gerace ( February 12, 2026, 09:47 GMT | Insight) -- The UK has chosen Orion, HSBC’s blockchain platform, to handle the pilot issuance of digital bonds this year. The initiative aims to modernize UK sovereign debt issuance using distributed ledger technology.The UK has chosen HSBC’s blockchain platform to handle the pilot issuance of digital
The UK government has chosen HSBC as the platform provider for its digital sovereign bonds trial following a tender process launched in October last year. The Digital Guilt Instrument (DIGIT) pilot will explore the digital issuance of government bonds using distributed ledger technology (DLT). The pilot will test how DLT can be used across the
The United Kingdom’s government has appointed HSBC’s tokenization platform to power a pilot issuance of digital government bonds, known as “gilts,” marking the latest step in its push to modernize sovereign debt markets using blockchain technology. HM Treasury has appointed HSBC Orion to facilitate the Digital Gilt Instrument (DIGIT) pilot issuance, according to a Thursday
After what the UK Government has called a “competitive procurement process”, it has revealed that HSBC is the selected provider for the launch of the DIGIT issuance after bids opened in October 2025. Together with HSBC, the government is actively engaging with additional suppliers in order to facilitate the accessibility of DIGIT, as well as
Fintech firm Ctrl Alt has been selected as a Synchronization Operator within the Bank of England‘s newly established Synchronization Lab. This move underscores the central bank’s commitment to modernizing the nation’s monetary framework by blending cutting-edge distributed ledger technology (DLT) with longstanding market systems. The initiative is tied to the overhaul of the Real-Time Gross
The UK Government has announced a major step in launching the Digital Gilt Instrument (DIGIT), a key pillar of its Wholesale Financial Markets Digital Strategy. The pilot will test how distributed ledger technology (DLT) can modernise sovereign debt issuance while maintaining London’s position as a leading global financial centre. DIGIT Pilot and Partnerships The government
The Bank of England confirmed on February 10, 2026, that Chainlink has been selected to participate in its upcoming Synchronization Lab, an experimental initiative aimed at exploring how digital securities could settle alongside sterling balances held at the central bank. The program is scheduled to begin in spring 2026 and will operate for roughly six
Mirage News 12 Feb 2026 7:26 pm AEDT Date Time Global law firm Ashurst is advising the UK Government on the Digital Gilt Instrument (DIGIT) pilot, a pioneering initiative to issue a digitally native sovereign bond. The DIGIT pilot will see the UK issue a digitally native sovereign bond through HSBC's Orion platform, delivering on-chain
