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TheNewsCrypto

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National Bank of Bahrain (NBB) Unveils Bitcoin Investment Fund

  • The National Bank of Bahrain (NBB) has launched the first Bitcoin investment fund in the Gulf Cooperation Council (GCC) region in partnership with APR Digital.
  • Authorized investors will have access to the fund, providing exposure to Bitcoin and protecting fiat currencies from depreciation.
  • The NBB aims to expand its services for wealthy clients and sees the potential for Bitcoin to surpass all other currencies in value.
  • Bahrain ranks fifth among governments with the highest holdings of Bitcoin, with 13,166 BTC ($844 million) in its possession.

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