KEY TAKEAWAYS
- Ripple partners with Bahrain Fintech Bay to boost blockchain and digital asset technology in Bahrain.
- The collaboration will focus on developing proofs-of-concept, pilot projects, and educational programs.
- Ripple’s expansion in the Middle East includes a regulatory license in Dubai, enhancing its regional presence.
Ripple, a prominent provider of digital asset infrastructure, has announced a strategic partnership with Bahrain Fintech Bay (BFB), the leading fintech incubator in the Kingdom of Bahrain. This collaboration aims to enhance the development and adoption of blockchain and digital assets technology in the region.
The partnership will involve a range of initiatives designed to strengthen Bahrain’s digital assets ecosystem. Ripple and BFB will work together on developing proofs-of-concept and pilot projects tailored to the local fintech landscape. They will also showcase solutions in areas such as blockchain technology, cross-border payments, digital assets, stablecoins, and tokenization.
Educational collaborations and accelerator programs will be a key focus, alongside participation in local ecosystem events to foster new industry partnerships and drive innovation. Reece Merrick, Managing Director for the Middle East and Africa at Ripple, highlighted Bahrain’s role as an early adopter of blockchain technology and expressed enthusiasm for the partnership’s potential to support the local blockchain industry.
Suzy Al Zeerah, Chief Operating Officer at Bahrain Fintech Bay, emphasized the partnership’s alignment with BFB’s mission to connect global innovators with the local ecosystem. She noted that the collaboration would create opportunities for pilots, talent development, and cutting-edge solutions that could shape the future of finance in the region.
In addition to this partnership, Ripple is participating in the Fintech Forward 2025 event in Sakhir, which brings together experts from fintechs, banks, governments, and regulators to discuss the challenges and opportunities in the international finance industry.
Ripple’s presence in the Middle East has been expanding, building on a regulatory license secured in Dubai earlier this year. The company holds over 60 regulatory licenses and registrations globally, including a DFSA license granted in March 2025, making it the first blockchain-enabled payments provider licensed by the Dubai Financial Services Authority.
For more details, the announcement can be found here.
Why This Matters: Impact, Industry Trends & Expert Insights
Ripple’s strategic partnership with Bahrain Fintech Bay aims to enhance blockchain innovation and digital asset adoption in the Kingdom of Bahrain, reflecting a significant step in strengthening the region’s fintech ecosystem.
Current trends in blockchain adoption in the Middle East highlight the region’s rapid growth, particularly in the UAE, which is becoming a global hub for blockchain and fintech innovation. This aligns with Ripple’s expansion into Bahrain, as the region’s regulatory framework and supportive initiatives provide a conducive environment for blockchain advancements. AW Connect
As per insights from Capital Pioneer, Ripple’s impact in the Middle East fintech landscape is notable, with the company leveraging its regulatory licenses to offer regulated cross-border crypto payments. This supports the significance of Ripple’s partnership with Bahrain Fintech Bay in promoting blockchain innovation in the region.
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