Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Global Millennial Capital Raises USD 100 Million to Fund New-Age Technology Leaders in Underpenetrated Mid-Cap Segments

    May 6, 2026

    Project Eleven Publishes Quantum Report with Q-Day Baseline Scenario in 2033

    May 6, 2026

    Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $333 Million, Includes OpenAI, Beast Industries, More Than 11,000 ETH and Over 283 Million WLD Tokens

    May 6, 2026
    Facebook X (Twitter) Instagram
    Afrique BitsAfrique Bits
    • Home
    • Contact Us
    • AI

      Apple’s revolutionary AI integration propels stock to new heights

      June 12, 2024

      OpenAI and News Corp. ink historic deal to enhance AI journalism

      May 23, 2024

      Data centers drive AI, crypto, pose climate risk

      April 20, 2024

      Meta platforms ramps up AI arsenal in bid for industry lead

      April 19, 2024

      Microsoft’s $1.5 billion boost – G42 and AI partnership goes global

      April 16, 2024
    • Bitcoin & Altcoins

      Crypto stocks rise as CLARITY Act lifts Circle

      May 5, 2026

      Bitcoin tops $70,000 as Wall Street expands crypto

      April 7, 2026

      Bitcoin rebound lifts crypto stocks on ETF inflows

      March 17, 2026

      Trump backs crypto firms as banks fight stablecoin yield

      March 7, 2026

      Bitcoin drops below $65,000 after U.S. tariff reset

      February 23, 2026
    • Blockchain & DeFi

      Bybit confirms $1.4 billion hack targeting Ethereum cold wallet

      February 21, 2025

      Google Cloud’s web3 portal launch sparks debate in crypto industry

      April 28, 2024

      Crypto trader Avi Eisenberg found guilty of $110m fraud

      April 18, 2024

      Fear and hope as Binance leaves Nigerian market

      March 11, 2024

      DeFi TVL surpasses $100 billion milestone amid crypto rally

      March 10, 2024
    • Business

      Gen Z lifts crypto adoption as digital assets expand

      April 8, 2026

      DDSC dirham-backed stablecoin approved for ADI Chain

      February 12, 2026

      Institutional investors focus on Bitcoin inflows

      October 25, 2025

      EU judicial group targets crypto use in money laundering operations

      October 16, 2025

      Morgan Stanley taps Zerohash to power crypto trading on ETrade

      September 24, 2025
    • Ethereum & NFTs

      Hong Kong ETF market makes waves with debut of crypto funds

      April 30, 2024

      Manchester City and Okx launch digital collectibles for global fans

      April 23, 2024

      Ethereum surges past $3,600 mark amidst strong trading activity

      April 8, 2024

      Ether’s value could see significant upswing after Bitcoin halving

      April 6, 2024

      Ethereum’s price flirts with $3k threshold amid bearish sentiment

      April 3, 2024
    • FinTech

      Binance expands trading pairs with four new launches in September

      September 3, 2024

      Ripple releases another 1 billion XRP as market questions grow

      September 3, 2024

      Rakeez Financial secures $2M seed round led by CoreVision

      March 15, 2024

      Trampay gets $250K from Potencia Ventures, boosts Brazil gig economy

      March 11, 2024

      Nigeria welcomes PalmPay’s game-changing fintech offerings

      March 11, 2024
    • Gaming

      Immutable unveils $50 million Web3 gaming rewards program

      April 26, 2024

      ViewSonic unveils XG272-2K-OLED, redefining gaming visuals

      April 2, 2024

      Animoca Brands, KACST forge alliance for web3 hub in Riyadh

      March 11, 2024

      Hitachi LG data storage redefines console gaming storage

      February 28, 2024

      Sony’s stock plummets by $10 billion as PS5 sales forecast dips

      February 19, 2024
    • Partner Content

      Bitget Launches CFD Copy Trading as Demand for Cross-Market Exposure Accelerates

      April 24, 2026

      Bitget Signals Next Phase of Exchanges With TradFi Integration

      March 13, 2026

      Bitget Expands Into TradFi, Bringing Multi-Asset Trading to MENA Users

      February 23, 2026

      Dollar Cost Averaging (DCA): The Smart Crypto Investment Strategy Using Bybit’s Trading Bots

      December 18, 2025

      Stablecoins Emerge as a Key Financial Hedge Against Inflation Across Africa

      December 18, 2025
    • Policy

      China extends crypto ban to stablecoins and tokenized assets

      February 9, 2026

      SEC streamlines crypto ETF listing rules for US exchanges

      September 22, 2025

      Trump administration orders crypto assets to count for mortgages

      June 28, 2025

      US Senate passes GENIUS Act in crypto industry breakthrough

      June 21, 2025

      Crypto Strategic Reserve set to reshape U.S. financial policy

      March 3, 2025
    Afrique BitsAfrique Bits
    Home » AB Xelerate invests in Ubyx to strengthen global digital money connectivity
    PR Newswire

    AB Xelerate invests in Ubyx to strengthen global digital money connectivity

    February 19, 20263 Mins Read
    Share Facebook Twitter WhatsApp Pinterest Copy Link LinkedIn Tumblr Email Telegram

    Ubyx enables regulated digital money flows across international banking and blockchain networks

    LONDON and NEW YORK, Feb. 19, 2026 /PRNewswire/ — AB Xelerate, Arab Bank’s Fintech Accelerator, has made a strategic investment in Ubyx Inc., a provider of clearing and acceptance infrastructure for tokenised deposits and regulated stablecoins, as regulated digital money continues to move from pilot initiatives to execution across global financial markets.

    AB Xelerate invests in Ubyx

    The investment reflects Arab Bank focus on supporting the next phase of cross-border financial infrastructure, particularly as regulated digital money plays a growing role in international trade, treasury and payments flows connecting the Middle East with global markets.

    Ubyx is developing a shared network that enables regulated financial institutions to issue, accept and redeem digital money at par value across multiple Blockchain and jurisdictions, while operating within established regulatory and compliance frameworks.

    “Digital assets and stablecoins represent a major opportunity for financial innovation in the MENA region. Our investment with Ubyx reflects our confidence in their infrastructure and their ability to support the secure, compliant, and scalable adoption of this emerging ecosystem,” said Hala Zahan, Head of AB Xelerate. 

    Tony McLaughlin, CEO of Ubyx, said: “The future of digital money depends on global networks, not isolated platforms. For digital money to scale, it must move seamlessly across institutions, markets and jurisdictions while retaining par-value integrity and regulatory confidence. AB Xelerate’s solid experience in banking innovation makes them an ideal partner as we build infrastructure designed for global adoption and support the next generation of regulated digital finance.”

    Cross-border financial flows linking the Middle East with global markets are a key focus for digital money adoption. AB Xelerate and Ubyx share a common objective to enable these flows using regulated digital money infrastructure that supports international trade, liquidity management and settlement, while operating fully within supervisory and compliance frameworks.

    About Arab Bank
    Established in 1930 and headquartered in Amman, Jordan, Arab Bank operates one of the largest global Arab banking networks, comprising over 600 branches. The bank offers a wide range of banking products and services designed to meet the needs of individuals, corporations, and other international financial institutions. These services cover various areas, including personal banking, corporate and financial institutions services, and treasury operations. Arab Bank also maintains a strong presence in key international markets and major financial centers such as London, Dubai, Singapore, Shanghai, Geneva, Paris, Sydney, and Manama.

    For more information, please visit https://www.arabbank.com

    About AB Xelerate

    AB Xelerate acts as Arab Bank’s Fintech Accelerator, operating a Corporate Venture Capital model that identifies strategic internal alignment with emerging technologies and high-potential startups across the MENA region. Positioned at the intersection of venture building, corporate innovation, and strategic investment, AB Xelerate bridges entrepreneurial innovation with enterprise-scale adoption. The platform focuses on dynamic collaborations, including strategic joint ventures, marketable agreements, integrations, and innovative partnerships. AB Xelerate facilitates strategic investments relevant to Arab Bank’s internal innovation adoption and departmental needs.

    For more information, please visit https://abxelerate.com/

    About Ubyx

    Ubyx was founded to enable the global acceptance of regulated digital money by connecting multiple issuers with multiple receiving institutions in a shared settlement environment. Ubyx supports the redemption of tokenised deposits and regulated stablecoins at par value and helps preserve the singleness of money across emerging digital financial ecosystems.

    For more information, visit https://ubyx.xyz

    Media Contacts

    Arab Bank:
    CorporateCommunication@Arabbank.com.jo

    AB Xelerate:
    hello@abxelerate.com

    Ubyx:
    press@ubyx.xyz 

    Photo – https://mma.prnewswire.com/media/2916424/image__11.jpg 

    Cision View original content:https://www.prnewswire.co.uk/news-releases/ab-xelerate-invests-in-ubyx-to-strengthen-global-digital-money-connectivity-302692125.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

    Related Posts

    Global Millennial Capital Raises USD 100 Million to Fund New-Age Technology Leaders in Underpenetrated Mid-Cap Segments

    May 6, 2026

    Project Eleven Publishes Quantum Report with Q-Day Baseline Scenario in 2033

    May 6, 2026

    Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $333 Million, Includes OpenAI, Beast Industries, More Than 11,000 ETH and Over 283 Million WLD Tokens

    May 6, 2026
    Latest News

    Crypto stocks rise as CLARITY Act lifts Circle

    May 5, 2026

    Gen Z lifts crypto adoption as digital assets expand

    April 8, 2026

    Bitcoin tops $70,000 as Wall Street expands crypto

    April 7, 2026

    Bitcoin rebound lifts crypto stocks on ETF inflows

    March 17, 2026
    Bitcoin & Altcoins

    Crypto stocks rise as CLARITY Act lifts Circle

    May 5, 2026

    Bitcoin tops $70,000 as Wall Street expands crypto

    April 7, 2026

    Bitcoin rebound lifts crypto stocks on ETF inflows

    March 17, 2026
    Blockchain & DeFi

    Bybit confirms $1.4 billion hack targeting Ethereum cold wallet

    February 21, 2025

    Google Cloud’s web3 portal launch sparks debate in crypto industry

    April 28, 2024

    Crypto trader Avi Eisenberg found guilty of $110m fraud

    April 18, 2024
    Ethereum & NFTs

    Hong Kong ETF market makes waves with debut of crypto funds

    April 30, 2024

    Manchester City and Okx launch digital collectibles for global fans

    April 23, 2024

    Ethereum surges past $3,600 mark amidst strong trading activity

    April 8, 2024
    © 2024 Block KSA | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.