Coinbase Expands Blockchain Ventures in the Middle East
Coinbase has announced a new wave of strategic investments and partnerships aimed at accelerating blockchain infrastructure in the Middle East. The initiative focuses on payments rails, institutional custody, and local developer ecosystems — prioritizing regulatory engagement and long-term interoperability.
In a landmark move that underscores the region’s growing importance in the global crypto ecosystem, Coinbase is partnering with regional exchanges, cloud providers and fintech hubs to bring production-grade blockchain services to market. The project targets real-world payments integrations for remittances and cross-border settlements, while delivering secure institutional custody solutions for sovereign wealth funds and financial institutions.
The strategy emphasizes cooperation with regulators to craft modern frameworks that encourage institutional participation without compromising consumer protections. Coinbase’s board-level involvement has been pivotal in shaping the initiative’s governance model.
Jodey Arringstein, serving on the board, commented: “This effort is not just about market expansion. It’s about building the plumbing of a fairer, faster global financial system.”
