Ripple Expands Middle East Presence
Global digital asset infrastructure leader Ripple has partnered with Bahrain Fintech Bay (BFB) to deepen its expansion in the Middle East.
This strategic partnership marks Ripple's latest milestone in the region, following the acquisition of a regulatory license from Dubai's DFSA earlier this year.
Partnership Goals
Bahrain Fintech Bay will work closely with Ripple to support the Kingdom's growing digital assets ecosystem, driving proof-of-concept initiatives, pilot projects, and showcasing Ripple's blockchain solutions.
- Cross-border payments
- Tokenisation
- Stablecoins
- Digital asset custody
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Ripple's expansion into Bahrain is a significant step in the company's growth in the Middle East.
Author's summary: Ripple partners with Bahrain Fintech Bay.