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.
Areas of focus will include cross-border payments, tokenisation, stablecoins, and digital asset custody.
Ripple’s partnership with Bahrain Fintech Bay is a significant step in the company’s Middle East expansion.
Author summary: Ripple partners with Bahrain Fintech Bay to expand in Middle East.