Global digital asset investment platform Fasset has announced a strategic collaboration with NEC Money Exchange, one of Bahrain’s leading exchange houses, to bring new investment opportunities to the Bahraini market. The partnership was officially revealed during Fintech Forward, a premier gathering for the region’s financial technology industry, signaling a significant step towards broadening access to modern financial solutions in the Kingdom.
A Strategic Collaboration for Local Investors
Under the new agreement, Fasset and NEC will work together to introduce a suite of innovative investment products for NEC’s extensive customer base, beginning with exclusive over-the-counter (OTC) services. The collaboration leverages Fasset’s global expertise in digital assets with NEC’s established reputation and customer reach in Bahrain, aiming to deliver secure and ethical financial opportunities. This move reflects a shared commitment to adding significant value for customers and driving innovation within Bahrain’s financial ecosystem.
Expanding Access to Regulated Digital Assets
The partnership is designed to meet the growing demand from sophisticated investors for compliant and trustworthy access to the digital asset class. By joining forces, the two entities provide a professional channel for high-value customers to explore new investment avenues.
“This collaboration marks another milestone in Fasset’s mission to bring global investment access to communities across the Middle East and the global south in general,” said Mohamed Sabra, General Manager at Fasset. “NEC’s reputation and customer reach in Bahrain make them an ideal partner to expand our OTC services and introduce secure, ethical financial opportunities to their customers.”
Fuad Nonoo, CEO and MD of NEC, added, “This partnership with Fasset is a crucial step in our strategic evolution. Our clients are increasingly sophisticated and demand access to regulated digital asset opportunities. By collaborating with Fasset, we ensure that our high-value customers can explore these new avenues through a trusted, compliant, and professional channel.”
Bolstering Bahrain’s Fintech Hub Status
Formalized at Fintech Forward, this agreement represents the beginning of a long-term partnership that aims to drive innovation across Bahrain’s financial landscape. Together, Fasset and NEC are positioned to contribute to the Kingdom’s growing reputation as a leading hub for fintech development and growth in the MENA region.
About Fasset
Fasset is a global digital asset investment platform that aims to provide secure, ethical, and accessible financial opportunities to communities across the Middle East and the global south. The platform specializes in offering a range of digital asset services, including over-the-counter (OTC) trading, to expand investment access for all.
About NEC Money Exchange
NEC Money Exchange is one of Bahrain’s leading and most trusted exchange houses. With a strong customer base and a commitment to innovation, NEC provides a wide range of financial solutions and is dedicated to delivering holistic and modern services to its clients.
Source: BizBahrain
