MANAMA
February 15, 2026
AlloyX Limited has entered into a strategic partnership with Bahrain FinTech Bay (BFB) to advance innovation and accelerate the adoption of regulated stablecoin applications, reinforcing Bahrain’s ambition to strengthen its position as a regional hub for digital finance.
Under the collaboration, AlloyX will work closely with Bahrain FinTech Bay’s innovation ecosystem to explore next-generation stablecoin use cases in partnership with regional and global payments and technology stakeholders. The initiative aligns with AlloyX’s ongoing plans to secure regulatory approval and move toward the market launch of its stablecoin solutions.
The partnership focuses on developing compliant, scalable digital financial infrastructure that bridges traditional finance with blockchain-based systems. By leveraging Bahrain FinTech Bay’s ecosystem of financial institutions, startups, regulators, and technology partners, AlloyX aims to accelerate practical applications of stablecoins across financial services while supporting innovation within a regulated framework.
AlloyX operates across several areas of digital finance, including stablecoin payments, tokenization services, digital brokerage, and on-chain financial infrastructure. The company aims to enable secure, efficient, and auditable financial transactions by integrating blockchain technology with conventional banking and brokerage systems.
Bahrain FinTech Bay, established as a national fintech ecosystem builder, continues to play a central role in fostering collaboration between government entities, financial institutions, venture capital firms, and emerging fintech companies. The partnership reflects ongoing efforts to expand Bahrain’s fintech ecosystem and attract global digital finance initiatives to the Kingdom.
The collaboration is expected to contribute to the broader development of regulated digital asset innovation in the GCC, supporting new financial models while maintaining compliance and governance standards essential for institutional adoption.
