BBK signs Landmark MoU with Binance for First-of-its-Kind Crypto-as-a-Service integration in the GCC

November 5, 2025 – BBK, a leader in retail and corporate banking in the Kingdom of Bahrain, has signed a Memorandum of Understanding (MoU) with Binance, the world’s largest blockchain ecosystem and crypto asset exchange, becoming the first bank and entity in the GCC to join the Binance Link program. The partnership is awaiting final regulatory approval from the Central Bank of Bahrain (CBB).

The announcement was made at the Gateway Gulf Investment Forum Bahrain 2025 and marks a significant milestone for the region’s digital finance landscape.

Through this partnership, BBK will integrate Binance’s white-labeled Crypto-as-a-Service solution directly into its mobile banking app. This integration will allow BBK customers to seamlessly trade and manage their crypto assets without the need for a separate Binance account using a plug-and-play API. A dedicated dashboard within the BBK mobile app combines traditional and digital investing into a single platform, providing a one-stop shop for viewing your holdings and executing trades.

“This partnership reflects BBK’s commitment to innovation and customer-centric digital transformation,” he said. Yasser Al-Sharifi, CEO of BBK Group. “By integrating Binance’s capabilities into our mobile platform, we will give our customers secure and convenient access to a wider range of investment opportunities.”

Tamim Al Mousawi, General Manager of Binance Bahrain“We are proud to collaborate with BBK on this groundbreaking initiative, which will not only strengthen financial inclusion but also strengthen Bahrain’s position as a regional leader in crypto asset innovation.”

Katherine Chen, Head of Binance VIP & Institutional “As the demand for crypto assets increases globally, we are pleased to work with BBK to bring crypto assets to customers at scale and help unlock new growth potential.”

This partnership supports Bahrain’s national vision to become the region’s leading crypto trading hub. It also supports BBK’s embedded banking strategy. The strategy aims to offer a comprehensive set of financial solutions, from deposits and traditional investments to digital assets, all within a single easy-to-use platform.

Once regulatory approval is complete, BBK customers will have instant access to Binance’s services, along with BBK’s proprietary financial products, through the BBK mobile app.

About Binance

Binance is the world’s leading blockchain ecosystem, powering the world’s largest cryptocurrency exchange by trading volume and number of registered users. Binance is trusted by more than 290 million people in over 100 countries for its industry-leading security, transparency, trading engine speed, investor protection, and unparalleled portfolio of digital asset products and services, from trading and finance to education, research, social good, payments, institutional services, and Web3 capabilities. Binance is dedicated to building a comprehensive crypto ecosystem to increase the freedom of money and financial access for people around the world, using cryptocurrencies as a fundamental vehicle. For more information, please visit https://www.binance.com.

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