Ripple has entered into a partnership with Bahrain Fintech
Bay to support the growth of blockchain and digital asset adoption in Bahrain.
BFB is a fintech incubator in the Kingdom, working with government and private
sector stakeholders to develop the local financial technology ecosystem.
Ripple, BFB Launch Fintech Pilot Projects
“At Ripple we look forward to working with Bahrain Fintech
Bay to continue laying the foundations for a thriving local blockchain
industry, as well as ultimately offering our digital assets custody solution
and stablecoin Ripple USD to Bahrain’s financial institutions,” said Reece
Merrick, Managing Director, Middle East and Africa at Ripple.
Digital
assets meet tradfi in London at the fmls25
Under the agreement, Ripple and BFB will collaborate on a
series of initiatives aimed at strengthening Bahrain’s digital assets sector.
These include developing proofs-of-concept and pilot projects related to
blockchain, cross-border payments, digital assets, stablecoins, and
tokenization.
The partnership will also involve educational programs,
accelerator initiatives, and participation in industry events to promote
collaboration and innovation.
“Together, we are delivering on our goal of enhancing
fintech innovation in the region,” said Suzy Al Zeerah, Chief Operating Officer
at Bahrain Fintech Bay.
🚨 BREAKING: Ripple expands into Bahrain through a strategic partnership with FinTechBay to accelerate blockchain adoption and launch digital asset pilot projects.The Gulf is emerging as a key hub for the new financial era, with Ripple leading the way. ⚡🌊 pic.twitter.com/zKuCoDyRVO
— John Squire (@TheCryptoSquire) October 9, 2025
Ripple Holds Over 60 Global Licenses
Ripple has operated in the digital asset industry for more
than ten years. The company holds over 60 regulatory licenses worldwide,
including one from the Dubai Financial Services Authority (DFSA) granted in
March 2025. This made Ripple the first blockchain-based payments provider to
receive DFSA approval.
This article was written by Tareq Sikder at www.financemagnates.com.
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