UAE - Mubasher: Ripple, a blockchain solution provider for global payments, has established its regional headquarters at Dubai International Financial Centre (DIFC).
Ripple will benefit from DIFC's innovative regulations, expansive network, and reputation as a leading global financial centre, according to a recent press release.
Aiming to shape the future of finance, Ripple was established in 2012 to provide its customers with financial solutions and allow them to process their payments instantly across the world.
RippleNet is used by many financial institutions in over 45 countries, enabling the company to become one of the leading providers of blockchain for payments.
The CEO of DIFC, Arif Amiri, said: "During this post-pandemic recovery period, we recognise how digital agendas are being prioritised. Ripple and the other 230+ FinTech related companies in the Centre are key to driving the future of finance."
Meanwhile, the Managing Director for South Asia and MENA at Ripple, Navin Gupta, remarked: "Our regional office will serve as a springboard to introduce our blockchain-based solutions and deepen our ties with even more Financial Institutions in the region."
