"Ripple announced the opening of a new Middle East and Africa regional headquarters in the Dubai International Financial Centre, aimed at supporting the growing demand for regulated blockchain-powered payment and custody solutions."
"The expansion reflects the Middle East's strategic importance within Ripple's global operations, with the region now serving as a significant share of Ripple's global customer base since launching its Dubai base in 2020."
"Reece Merrick, managing director for the Middle East and Africa, stated that the new regional headquarters is a reflection of Ripple's ongoing commitment to the region's upward trajectory and growth."
Ripple expanded its presence in the UAE by opening a new regional headquarters in Dubai International Financial Centre. This expansion aims to double its local team due to rising demand for regulated blockchain payment and custody solutions. The Middle East is becoming increasingly important for Ripple's global operations, with the region now representing a significant portion of its customer base. The new office will enhance engagement with banks, fintech firms, and enterprise clients across the Middle East and Africa.
Read at news.bitcoin.com
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