The National Bank of Bahrain (NBB) has launched the first Bitcoin-linked Structured Investment in the Gulf Cooperation Council (GCC) region. The crypto investment product was introduced in partnership with the digital asset firm ARP Digital. The investment fund, Announced Monday, offers growth potential from Bitcoin’s upward performance, capped at a predefined threshold. It also provides 100% capital protection during a downward trend. The announcement came during the Fintech Forward 2024 event held last week. The announcement read that the investment fund will be available “exclusively for accredited investors.”
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