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Ripple (XRP) is broadening its global footprint once more, this time making its entry into the Kingdom of Bahrain via a new collaboration with Bahrain Fintech Bay (BFB). Simultaneously, recent figures indicate that corporate XRP reserves have surpassed $11.5 billion following a recent acquisition by Reliance Global.
Ripple Moves Into Bahrain, Fortifying Its Middle East Influence
As per the press release, Ripple has ventured into the Kingdom of Bahrain through a new alliance with Bahrain Fintech Bay (BFB), the foremost fintech incubator and ecosystem developer in the nation. Ripple and Bahrain Fintech Bay intend to execute accelerator initiatives and engage in local gatherings to promote blockchain innovation throughout the country.
Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, stated that Bahrain was among the earliest regions globally to implement regulations for crypto assets. Merrick emphasized that Ripple’s goal is to bolster the local blockchain sector in Bahrain and ultimately introduce its custody solutions and Ripple USD (RLUSD) stablecoin to the financial institutions in the region. Suzy Al Zeerah, Chief Operating Officer at Bahrain Fintech Bay, characterized the partnership as a pivotal move in linking global innovators with Bahrain’s financial landscape.
Ripple presently possesses over 60 regulatory approvals and registrations globally, including its DFSA license effective from March 2025, rendering it the first blockchain-affiliated payments provider licensed by the Dubai Financial Services Authority.
Ripple is participating in Fintech Forward 2025 in Sakhir on October 8 and 9, a gathering hosted by Economist Impact that will convene essential stakeholders from banking, fintech, and government.
XRP Reserves Exceed $11.5 Billion as Corporate Adoption Escalates
Corporate enthusiasm for XRP continues to surge as large businesses incorporate the token into their asset portfolios. Based on corporate reports compiled by Crypto Treasury Tracker, combined XRP assets among institutions in the U.S. and Japan now amount to over $11.5 billion, indicating a significant increase in the adoption of blockchain-linked assets. This growth follows Reliance Global’s acquisition of $17 million in XRP, which the firm disclosed in a submission to the SEC on September 30, 2025.
SBI Holdings spearheads global XRP reserves with approximately $10.4 billion in holdings. Other significant corporate reserves include Trident Digital, which aims to generate $500 million for XRP holdings, and Webus International, which filed with the SEC for a $300 million XRP-oriented treasury. In Japan, Gumi Inc. designated $13.5 million of its $38 million funding to XRP under its Digital Asset Treasury initiative, while VivoPower contributed $19 million to its reserves.
Organizations are increasingly opting for XRP due to its rapid settlement speed, minimal transaction fees, and capacity to enhance cross-border liquidity. Further fueling the momentum, a prominent finance bull on X noted that Ripple received the accolade for “Best Initiative with Digital Currencies” at the PAY360 Awards, recognizing its significant acknowledgment of XRP’s practical utility.
Featured image crafted with Dall.E, chart from Tradingview.com
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