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Florence Muchai

Ripple, Riyad Bank’s Jeel sign MOU to explore blockchain in Saudi Arabia

On January 26, 2026, Ripple said it had signed a memorandum of understanding with Jeel, Riyad Bank’s innovation arm, to pilot blockchain applications in Saudi Arabia. The agreement will examine cross-border payments, digital asset custody, and potential tokenization use cases aligned with the Kingdom’s fintech goals.
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