Ripple Expands Middle East Presence
Global digital asset infrastructure leader Ripple has partnered with Bahrain Fintech Bay (BFB) to expand its footprint 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
- Drive proof-of-concept initiatives
- Pilot projects
- Showcase Ripple's blockchain solutions
The collaboration will focus on areas such as 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 and BFB will work together to support the Kingdom's growing digital assets ecosystem.
Author's summary: Ripple partners with Bahrain Fintech Bay.
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