Ripple Expands in Middle East with Riyad Bank Partnership

San Francisco-based blockchain payments firm Ripple Labs Inc. has bagged a major deal with Riyad Bank in the Middle East. Reece Merrick, the Managing Director of Middle East and Africa at Ripple, announced the new development on X, citing that it is a move targeted at advancing Saudi Arabia’s financial future through blockchain innovation. Jeel to Explore Tokenization with Ripple Ripple’s deal is specifically with Jeel, a subsidiary of Riyad Bank. Together, they would be exploring advanced blockchain ap ...