Ripple (XRP) continues to make significant strides in the global financial landscape, announcing a major partnership with Bahrain Fintech Bay (BFB). This collaboration is expected to enhance blockchain innovation within the Kingdom of Bahrain, a region rapidly gaining traction in the fintech sphere. Additionally, corporate interests in XRP appear to be surging, with treasury holdings surpassing an impressive $11.5 billion following the latest investments.

Ripple’s Strategic Move into Bahrain: Fostering Blockchain Growth

As indicated in a recent corporate announcement, Ripple has cemented its presence in Bahrain by partnering with BFB. This partnership aims to ignite a series of accelerator programs and engage in community events that focus on accelerating blockchain technology and its applications throughout the nation.

According to Reece Merrick, Ripple’s Middle East and Africa MD, Bahrain is at the forefront of crypto regulation, showcasing a supportive environment for blockchain enterprises. Ripple’s ambition includes the introduction of its innovative custody solution and the Ripple USD (RLUSD) stablecoin to local financial institutions, fostering a robust crypto ecosystem. Suzy Al Zeerah from BFB emphasized that this partnership is crucial in bridging global innovators with Bahrain’s dynamic financial infrastructure.

With over 60 regulatory licenses globally, Ripple continues expanding its operational footprint, including obtaining a DFSA license in March 2025, positioning itself as the first blockchain-oriented payment provider officially recognized in the UAE.

Ripple will also participate in the significant Fintech Forward 2025 event scheduled for October 8 and 9 in Sakhir. This gathering promises to unite prominent figures from banking, fintech, and government sectors, facilitating crucial discussions about the future of financial technology.

Surging Interest in XRP: Corporate Treasuries Hit $11.5 Billion

The appetite for XRP is on the rise as corporations increasingly recognize its potential. Recent corporate filings reveal that XRP holdings among major institutions in the U.S. and Japan have now exceeded $11.5 billion, signaling a robust shift towards embracing blockchain assets. Notably, this increase follows Reliance Global’s acquisition of $17 million in XRP, a move disclosed in their SEC filing on September 30, 2025.

SBI Holdings stands out as the leading player in the XRP realm, boasting a staggering $10.4 billion in reserves. Additional firms such as Trident Digital and Webus International are also making noteworthy investments, aiming to bolster their XRP holdings significantly. Meanwhile, in Japan, Gumi Inc. has allocated a notable portion of its fundraising—$13.5 million—to boost its digital asset treasury focused on XRP.

Organizations are gravitating towards XRP not only for its swift transaction processing and minimal costs but also for its capacity to enhance cross-border liquidity. This upward trend has been solidified by Ripple’s recognition at the PAY360 Awards, where it earned the title of “Best Initiative with Digital Currencies,” an accolade highlighting the tangible benefits of XRP in real-world applications.