Ripple has deepened its footprint in the Middle East by partnering with Bahrain FinTech Bay (BFB) — the Kingdom’s leading fintech hub.
The partnership aims to advance blockchain adoption in Bahrain through:
- •Pilot projects & proof-of-concepts
- •Showcasing blockchain, cross-border payments, stablecoins & tokenization
- •Educational programs & accelerator initiatives
- •Local fintech events fostering collaboration
plans to extend its digital asset infrastructure, including Ripple USD (RLUSD) and digital asset custody solutions, to local financial institutions. Reece Merrick, Ripple’s MD for Middle East & Africa, highlighted that Bahrain has been a first mover in crypto regulation — and #Ripple
Suzy Al Zeerah, COO of Bahrain FinTech Bay, emphasized that the alliance bridges global innovators with Bahrain’s financial ecosystem, enhancing talent, pilots, and the region’s digital finance landscape.
Ripple’s participation at Fintech Forward 2025 in Sakhir further underscores its regional commitment. The firm now holds 60+ global regulatory licenses, including a DFSA license from Dubai (March 2025) — making it the first blockchain payments provider licensed by the Dubai Financial Services Authority.
With Bahrain joining Dubai in Ripple’s regional expansion, the company continues building a regulatory‑compliant bridge for digital assets across the Gulf.
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