AB Xelerate, the fintech accelerator and corporate venture capital arm of Arab Bank, has announced a strategic investment in Ubyx Inc., a financial technology provider focused on the clearing and acceptance of tokenized deposits and regulated stablecoins. The investment signals a commitment to strengthening the digital financial corridors between the Middle East and global markets, particularly as programmable money moves from experimental phases toward large-scale execution in international trade and treasury.
Bridging The Gap Between Blockchain And Traditional Banking
The collaboration centers on Ubyx’s development of a shared network that allows regulated financial institutions to issue, accept, and redeem digital money at par value across various blockchain protocols and jurisdictions. By creating a unified clearing system, Ubyx addresses the “many-to-many” problem that currently fragments the stablecoin and tokenized deposit landscape. This infrastructure is designed to ensure that digital assets retain the “singleness of money,” functioning as reliable cash equivalents within established regulatory and compliance frameworks.
Strategic Alignment For MENA Financial Innovation
For AB Xelerate, the investment is a calculated move to position Arab Bank at the forefront of the next phase of cross-border financial infrastructure. As digital assets increasingly permeate global liquidity management and settlement, the partnership aims to facilitate secure, compliant, and scalable adoption across the MENA region. The move aligns with the bank’s broader strategy to integrate emerging technologies that reshape how value moves globally, specifically focusing on the high-potential areas of international trade and corporate treasury.
Building A Ubiquitous Digital Money Ecosystem
Tony McLaughlin, CEO of Ubyx, emphasized that the future of digital finance depends on interconnected global networks rather than isolated platforms. The partnership with AB Xelerate provides Ubyx with deep banking expertise and a sprawling regional network, essential components for building infrastructure intended for global adoption. By ensuring that digital money can move seamlessly across institutions while maintaining regulatory confidence, the two entities aim to support a more efficient and integrated global financial system.
About AB Xelerate
AB Xelerate is the fintech accelerator and venture capital arm of Arab Bank, established to identify and back high-potential startups that align with the bank’s digital innovation strategy. Operating at the intersection of venture building and corporate innovation, the platform bridges the gap between entrepreneurial agility and enterprise-scale adoption. Based in Amman, Jordan, AB Xelerate invests globally in early-stage technology-driven startups that have the potential to disrupt or expand the financial services industry across the MENA region and beyond.
About Ubyx Inc.
Ubyx Inc. is a financial infrastructure company that provides a clearing and acceptance system for regulated digital money. Founded in 2025 and headquartered in New York, the company enables the global acceptance of tokenized deposits and regulated stablecoins by connecting multiple issuers with receiving institutions in a shared settlement environment. Ubyx’s mission is to solve fragmentation in digital finance, ensuring that stablecoins scale to ubiquity while preserving par-value integrity and regulatory compliance.
Source: AB Xelerate
