Ripple’s Strategic Expansion into Bahrain: A New Milestone in the Middle East
Ripple’s global influence is on the rise as it forges a groundbreaking partnership with Bahrain Fintech Bay (BFB), marking a significant entry into the Kingdom of Bahrain. This collaboration signifies a strategic move to fortify Ripple’s presence in the Middle East, leveraging BFB’s status as the preeminent fintech incubator and ecosystem facilitator in Bahrain.
Fostering Blockchain Innovation in Bahrain
The partnership is poised to ignite a wave of blockchain innovation throughout Bahrain. By orchestrating accelerator programs and participating in pivotal local events, Ripple and BFB aim to catalyze the adoption of blockchain technology across the nation. Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, highlights Bahrain’s pioneering role in regulating crypto assets, emphasizing Ripple’s commitment to bolstering the local blockchain landscape.
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Ripple’s Commitment and Regulatory Milestones
Ripple’s ambition extends beyond innovation; it plans to introduce its custody solutions and the Ripple USD (RLUSD) stablecoin to Bahrain’s financial sector. With over 60 regulatory licenses and registrations globally, including a landmark DFSA license effective from March 2025, Ripple continues to set benchmarks as the first blockchain-enabled payments provider licensed by the Dubai Financial Services Authority.
Ripple’s Engagement at Fintech Forward 2025
Demonstrating its proactive approach, Ripple will participate in Fintech Forward 2025, scheduled for October 8 and 9 in Sakhir. This prestigious event, orchestrated by Economist Impact, promises to convene key stakeholders from banking, fintech, and governmental sectors, offering a fertile ground for dialogue and collaboration.
Corporate Adoption of XRP Soars: Treasuries Exceed $11.5 Billion
The corporate landscape is witnessing an unprecedented surge in XRP adoption, with organizational treasuries amassing holdings exceeding $11.5 billion. This trend underscores a growing confidence in blockchain-based assets among corporations in the U.S. and Japan, attributed in part to Reliance Global’s recent acquisition of $17 million in XRP, as disclosed in their SEC filing on September 30, 2025.
Leading Corporations Amplify XRP Reserves
SBI Holdings emerges as a frontrunner with approximately $10.4 billion in XRP reserves. Other significant players include Trident Digital, aiming to bolster its reserves with a $500 million raise, and Webus International, which has filed for a $300 million XRP-centric treasury with the SEC. In Japan, Gumi Inc. allocated $13.5 million from its $38 million fundraising to XRP under its Digital Asset Treasury initiative, while VivoPower enhanced its holdings by $19 million.
Why Corporations Are Embracing XRP
XRP’s allure lies in its rapid settlement capabilities, cost-effective transactions, and proficiency in optimizing cross-border liquidity. This momentum is further strengthened by Ripple’s accolade of “Best Initiative with Digital Currencies” at the PAY360 Awards, a testament to XRP’s tangible utility in the financial realm.
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