Singapore-based Whampoa Group has selected Bahrain to be the headquarters of its new digital bank, Bahrain’s national investment promotion agency, the Economic Development Board (EDB) announced yesterday.
Expected to launch by the end of the year, the digital bank aims to provide secure and integrated financial solutions to serve institutions, innovators, and sophisticated investors globally, including digital banking services and the trading, custody, and asset management of digital assets; with the ultimate objective of supporting the growing adoption of digital assets worldwide .
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