Ripple Links Up With $130 Billion Riyad Bank’s Innovation Arm Jeel
Ripple has partnered with Jeel, the innovation arm of Riyad Bank, to explore blockchain applications in Saudi Arabia. The collaboration will focus on cross-border payments, digital asset custody, and tokenization within Jeel's regulatory sandbox. This initiative supports Saudi Arabia's Vision 2030 digital transformation goals by aiming to improve payment speed, cost efficiency, and transparency. Both companies plan to develop proofs-of-concept in a controlled environment to test scalable and interoperable financial infrastructure. Ripple's leadership emphasized the alignment with the Kingdom's ambitions to become a leading fintech hub.
bitcoinist01/27 05:02
