{"id":13048,"date":"2025-10-09T06:56:29","date_gmt":"2025-10-09T06:56:29","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=28103"},"modified":"2025-10-09T06:56:29","modified_gmt":"2025-10-09T06:56:29","slug":"ripple-and-bahrain-fintech-bay-partner-to-develop-digital-asset-ecosystem","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/ripple-and-bahrain-fintech-bay-partner-to-develop-digital-asset-ecosystem\/","title":{"rendered":"Ripple and Bahrain Fintech Bay Partner to Develop Digital Asset Ecosystem"},"content":{"rendered":"<p><a href=\"https:\/\/fintechnews.ae\/tag\/ripple\"  rel=\"noopener\">Ripple<\/a> has announced a strategic partnership with Bahrain Fintech Bay (BFB), the Kingdom\u2019s fintech incubator and ecosystem builder.<\/p>\n<p>The collaboration aims to advance the development and adoption of blockchain and digital asset technologies in Bahrain.<\/p>\n<p>Under the agreement, Ripple and BFB will support the country\u2019s digital asset ecosystem through initiatives such as developing proofs of concept and pilot projects, showcasing solutions in blockchain, cross-border payments, digital assets, stablecoins, and tokenisation, as well as conducting educational and accelerator programmes.<\/p>\n<p>Both organisations will also participate in local fintech events to encourage partnerships and innovation.<\/p>\n<figure id=\"attachment_26207\" aria-describedby=\"caption-attachment-26207\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-26207 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Reece-Merrick-150x150.jpg\" alt=\"Reece Merrick\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Reece-Merrick-150x150.jpg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Reece-Merrick-300x300.jpg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Reece-Merrick-768x768.jpg 768w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Reece-Merrick-450x450.jpg 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/05\/Reece-Merrick.jpg 800w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-26207\" class=\"wp-caption-text\">Reece Merrick<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cThe Kingdom of Bahrain has emerged as an early adopter of blockchain technology and was one of the first jurisdictions globally to regulate crypto assets,\u201d<\/p>\n<\/blockquote>\n<p>said Reece Merrick, Managing Director, Middle East and Africa at Ripple.<\/p>\n<blockquote>\n<p>\u201cWe look forward to working with Bahrain FinTech Bay to continue building the foundations for a local blockchain industry and, in time, to offer our digital asset custody solution and stablecoin, Ripple USD (RLUSD), to Bahrain\u2019s financial institutions.\u201d<\/p>\n<figure id=\"attachment_22896\" aria-describedby=\"caption-attachment-22896\" style=\"width: 150px\" class=\"wp-caption alignright\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-22896 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-150x150.jpeg\" alt=\"Suzy Al Zeerah\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-150x150.jpeg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-300x300.jpeg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-768x768.jpeg 768w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-450x450.jpeg 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-32x32.jpeg 32w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-48x48.jpeg 48w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-80x80.jpeg 80w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah-180x180.jpeg 180w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Suzy-Al-Zeerah.jpeg 800w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-22896\" class=\"wp-caption-text\">Suzy Al Zeerah<\/figcaption><\/figure>\n<p>\u201cBahrain has long been recognised as a financial services hub, and this legacy is now being extended to digital assets and blockchain,\u201d<\/p>\n<\/blockquote>\n<p>said Suzy Al Zeerah, Chief Operating Officer at Bahrain Fintech Bay.<\/p>\n<blockquote>\n<p>\u201cOur partnership with Ripple reflects our commitment to connecting global innovators with the local ecosystem, supporting pilot projects, talent development, and new financial technologies.\u201d<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p><em>Featured image credit: <a href=\"https:\/\/ripple.com\/\"  rel=\"noopener\">Ripple<\/a><\/em><\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/28103\/bahrain\/ripple-bsb-digital-asset-partnership\/\">Ripple and Bahrain Fintech Bay Partner to Develop Digital Asset Ecosystem<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple has announced a strategic partnership with Bahrain Fintech Bay (BFB), the Kingdom\u2019s fintech incubator and ecosystem builder. The collaboration aims to advance the development and adoption of blockchain and digital asset technologies in Bahrain. Under the agreement, Ripple and BFB will support the country\u2019s digital asset ecosystem through initiatives such as developing proofs of [&#8230;]<\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/28103\/bahrain\/ripple-bsb-digital-asset-partnership\/\">Ripple and Bahrain Fintech Bay Partner to Develop Digital Asset Ecosystem<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174,431,226],"tags":[],"class_list":["post-13048","post","type-post","status-publish","format-standard","hentry","category-bahrain","category-bahrain-fintech-bay-bfb","category-ripple"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=13048"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13048\/revisions"}],"predecessor-version":[{"id":13059,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13048\/revisions\/13059"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=13048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=13048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=13048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}