AB Xelerate and Fuze Partner on Digital Assets in Jordan

Arab Bank’s fintech accelerator, AB Xelerate, has signed a memorandum of understanding with Fuze, a digital assets infrastructure provider based in the Middle East and North Africa, to explore opportunities for developing regulated digital asset services in Jordan.

The agreement was announced Monday in Amman and Abu Dhabi, marking a step toward expanding digital financial innovation in the Kingdom.

Supporting Jordan’s Financial Modernisation

The collaboration aims to contribute to Jordan’s Economic Modernisation Vision, a national strategy focused on strengthening financial infrastructure and accelerating technological innovation within the country’s economy.

Under the agreement, the two organizations will evaluate potential use cases for digital asset products and services. The initiative will combine Arab Bank’s banking expertise and regional presence with Fuze’s Digital Assets-as-a-Service (DaaS) infrastructure, designed to support regulated digital asset operations.

Any future offerings would be developed within applicable regulatory frameworks and integrated into Arab Bank’s existing digital platforms, subject to approvals from Jordanian authorities.

Focus on Secure and Regulated Digital Asset Services

Eric Modave, Deputy Chief Executive Officer and Chief Operating Officer of Arab Bank, said the partnership reflects the bank’s commitment to exploring emerging financial technologies while maintaining high compliance and security standards.

“Digital assets represent a growing segment of the financial services industry,” Modave said. “Working with a regional infrastructure provider such as Fuze aligns with our objective to deliver secure and compliant solutions that create value for our customers.”

Fuze Chief Executive Officer Mohammed Ali Yusuf described the collaboration as an opportunity to advance responsible digital asset innovation in the region.

“Financial innovation must be supported by secure and compliant infrastructure,” Yusuf said. “Through this collaboration, we aim to support the development of future-ready digital asset use cases within Jordan’s regulated environment.”

Role of the Jordan Regulatory Sandbox

Part of the initiative will involve evaluating digital asset strategies, operational models, and technical integrations through Jordan’s regulatory sandbox program, known as JoRegBox.

The sandbox allows financial institutions and technology companies to test new products under regulatory supervision before launching them in the broader market.

According to the partners, this framework will help ensure that any digital asset solutions developed through the collaboration meet regulatory standards, while also addressing risk management and compliance considerations.

Growing Institutional Interest in Digital Assets

The partnership reflects a broader trend across the Middle East, where financial institutions are increasingly exploring digital asset technologies within regulated environments.

Banks and fintech companies across the region have been testing blockchain-based services and digital asset infrastructure as part of efforts to modernize financial systems and improve access to innovative financial products.

For Arab Bank, the collaboration is part of AB Xelerate’s broader mission to expand the bank’s digital capabilities and explore new technologies that can enhance financial services across the region.

Both organizations said the initiative will focus on responsible innovation, emphasizing strong regulatory alignment, risk management, and consumer protection as digital asset ecosystems continue to evolve in the Middle East.