Abu Dhabi, UAE, Mar 12: The MENA Fintech Association, the region’s leading not-for-profit fintech industry body and globally ranked among the top fintech associations, is pleased to welcome Fireblocks, the world’s most trusted digital asset infrastructure company securing more than $5 trillion in digital asset transfers annually , as a new member. Fireblocks joins MFTA at a time when banks, payment providers, and regulated financial institutions in the Middle East and Africa region are accelerating their leadership position in digital asset adoption and deployment.
MFTA has played a central role in advancing collaboration, innovation, and regulatory engagement across the Middle East and Africa, supporting the development of regulatory clarity in the region with practical advice and assistance.
Fireblocks works with more than 90 banks globally, alongside thousands of payment providers, exchanges, crypto platforms and asset managers, to build and scale digital asset capabilities on a single, secure platform. The company’s infrastructure supports the full range of institutional use cases driving adoption in the region today: stablecoin payments and settlement, digital asset custody, tokenization, and compliant cross-border money movement.
Since its founding, Fireblocks has secured more than $10 trillion in digital asset transfers across 150+ blockchains, with daily assets under custody exceeding $100 billion. The platform supports the full lifecycle of institutional digital asset operations — from secure key management and policy controls to stablecoin payment orchestration and regulatory reporting — with the governance, resilience, and compliance frameworks that banks and regulated institutions require.
MFTA continues to serve as a trusted platform for industry leaders, policymakers, and innovators through working groups, roundtables, partnerships, and thought leadership initiatives. Fireblocks’ membership reflects the growing demand from the region’s financial institutions for production-ready digital asset infrastructure, and a shared commitment to building the frameworks that support responsible adoption at scale.
Philippe Clonen, Head of Financial Institutions for the Middle East at Fireblocks said:
“The banks and financial institutions we work with in this region aren’t treating digital assets as a side project.They’re embedding stablecoin payments and custody into their core service lines, and they’re doing it with the same rigor they’d apply to any other regulated product. That maturity is what makes this market distinct, and it’s a direct reflection of the regulatory clarity that the UAE and its neighbors have built. MFTA sits at the intersection of the institutions doing this work and the policymakers enabling it, and we see real value in being part of that conversation.”
Nameer Khan, Chairman of the MENA Fintech Association and Founder of Fils, added:
“The MENA Fintech Association continues to bring together regulators, financial institutions, fintech innovators, and global infrastructure providers to shape the future of digital finance across the Middle East and Africa. The region is experiencing a significant acceleration in institutional adoption of digital assets, supported by increasingly clear regulatory frameworks and strong participation from financial institutions. In this context, we welcome Fireblocks to the Association. With a global platform supporting more than 2,000 organizations, including leading banks, financial institutions, and digital asset platforms, Fireblocks brings deep expertise in secure digital asset infrastructure that will further strengthen collaboration and responsible innovation across the region.”
