Ripple Expands into Bahrain through Partnership with Bahrain Fintech Bay
Global digital asset infrastructure leader Ripple has officially expanded its footprint in the Middle East through a strategic partnership with Bahrain Fintech Bay (BFB), the Kingdom’s premier fintech hub.
This move follows the acquisition of a regulatory license from Dubai’s DFSA earlier this year and marks Ripple’s latest milestone in the region.
- Bahrain Fintech Bay will work closely with Ripple to support the Kingdom’s growing digital assets ecosystem.
- The collaboration aims to drive proof-of-concept initiatives, pilot projects, and showcase Ripple’s blockchain solutions.
- Areas of focus include cross-border payments, tokenisation, stablecoins, and digital asset custody.
Ripple has officially expanded its footprint in the Middle East through a strategic partnership with Bahrain Fintech Bay.
Ripple deepens its expansion in the region with this strategic entry into Bahrain.
Author's summary: Ripple partners with Bahrain Fintech Bay.