Heir to 135-year Gulf dynasty is moving a $6 trillion trade market onto blockchain rails
Abdulla Kanoo says his ARP Digital firm is building settlement infrastructure for the growing flow of trade between emerging economies, a market that could reach $32 trillion by 2030.
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Summary
- Abdulla Kanoo, an heir to Bahrain’s Kanoo business dynasty, has been investing in digital assets since 2015 and is now focused on building blockchain-based payment infrastructure.
- His firm, ARP Digital, aims to streamline cross-border payments among emerging economies by moving money faster and cheaper than legacy banking systems, and has already processed more than $3.5 billion in volume for over 450 institutions.
- Licensed in Bahrain and approved in principle in Dubai, ARP’s integration with Fireblocks gives it access to a major institutional digital asset network and positions the Gulf as a future hub for moving and settling global capital.
