Bahrain’s National Bank of Bahrain (NBB) has set a new precedent in the GCC by introducing the region’s inaugural Bitcoin-linked structured investment. Developed in partnership with ARP Digital, the investment was unveiled at Fintech Forward 2024, marking a significant milestone for Bahrain’s financial sector.
Designed exclusively for accredited investors, the innovative product offers exposure to Bitcoin’s potential growth while guaranteeing capital preservation. Investors can benefit from Bitcoin’s upward performance, with a predefined cap, while enjoying complete protection against losses.
“This product underscores our focus on offering our wealth management clients innovative and secure avenues to diversify their portfolios in an evolving investment landscape. It is a testament to NBB’s continued leadership in financial innovation within the region,” said Hisham AlKurdi, Group Chief Executive – Markets & Client Solutions at NBB.
ARP Digital Co-Founder Abdulla Kanoo highlighted the partnership’s potential to revolutionize the regional market. By combining ARP Digital’s digital asset expertise with NBB’s financial sector reach, the product introduces Bitcoin exposure within a secure framework.
The launch of the Bitcoin-linked structured investment is aligned with the bank’s strategy to enhance its product suite, particularly for clients, by providing tailored solutions that balance growth potential with risk mitigation.
The product meets the demand for risk-averse investors seeking exposure to Bitcoin, while fully insulating their principal investment from market fluctuations.
With this Bitcoin-linked structured investment, NBB reinforces its position as a leader in digital asset investment and solidifies Bahrain’s reputation as a hub for financial innovation in the region.
