Emerging Economies Shift $6 Trillion Trade to Blockchain Solutions
- Trade between emerging economies surpassed $6 trillion in 2024, accounting for about a quarter of global trade.
- ARP Digital, based in Bahrain, aims to address inefficiencies in legacy banking systems affecting this trade.
- The company has processed over $3.5 billion in transactions across more than 450 institutional and corporate clients.
- Last year, ARP’s transaction volume grew fourfold as it integrated with the Fireblocks Network for Payments.
- ARP holds a Category 3 Crypto-Asset Service Provider license from the Central Bank of Bahrain.
As many institutions in the Global South continue to rely on outdated banking systems, ARP Digital is positioned to bridge this gap by leveraging blockchain technology for faster settlements and improved liquidity access.
With transaction volumes exceeding $3.5 billion and significant growth last year, ARP is actively transforming how emerging economies conduct trade.(Source)
