- NBB’s program offers Bitcoin exposure while maintaining complete capital protection.
- Investors acquire Bitcoin exposure with limited gains and no risk to the original investment.
During the Fintech Forward 2024 ceremony, the National Bank of Bahrain (NBB) and ARP Digital announced the GCC’s first Bitcoin-linked Structured Investment. This is a groundbreaking development in Bahrain’s financial sector, combining innovation with capital security for certified investors.
The new investment product provides exposure to Bitcoin (BTC)’s long-term growth while preserving money. Investors can take advantage of Bitcoin’s upward performance while enjoying a predetermined cap on potential gains. This structure ensures 100% protection against downside risks, making it ideal for risk-averse individuals. By safeguarding against Bitcoin’s volatility, it provides a secure entry point into the digital asset space. With this innovative approach, investors can explore the world of cryptocurrencies with greater confidence.
Combining Digital Growth and Capital Protection
Hisham AlKurdi, NBB’s Group Chief Executive and Head of Markets & Client Solutions, emphasized the importance of the launch “This bespoke solution combines digital asset growth with capital preservation. It demonstrates NBB’s dedication to providing innovative, secure wealth management solutions to our clients.”
This move is consistent with NBB’s overall objective to expand its wealth management capabilities. The product is designed for investors who want exposure to digital assets without compromising their principal investment, and it addresses the growing demand for balanced solutions in an ever-changing financial world.
Abdulla Kanoo, Co-CEO of ARP Digital, stressed the importance of our relationship with NBB in providing a game-changing product to the region that combines Bitcoin exposure with a secure investing framework.
Dalal Buhejji, Executive Director of Business Development at the Bahrain Economic Development Board, expressed delight in NBB’s role in encouraging financial innovation, saying, That Bitcoin-linked product showcases Bahrain’s ability to provide innovative solutions within its robust financial ecosystem.
NBB’s Bitcoin-linked Structured Investment reinforces the bank’s leadership in digital asset investment. This innovative product enhances Bahrain’s reputation as a regional fintech hub. It showcases the seamless integration of traditional finance with blockchain solutions. Through this initiative, NBB reaffirms its commitment to bolstering Bahrain’s global financial standing.
