Fasset, a digital asset platform based in the UAE, has commenced operations in Bahrain, introducing tokenised US stocks as part of its services.
Residents in Bahrain can now invest in selected US companies, gold and cryptocurrencies through a regulated, single-platform application.
The company said the launch advances its objective of broadening access to global investment opportunities in developing markets.
Using its compliant asset infrastructure, Fasset offers tokenised US equities for fractional investment, enabling trading at any time with transparent settlement.
This approach aims to make shares in companies such as Apple, Tesla and Amazon available without the capital requirements traditionally associated with such investments.
“Bahrain’s progressive regulatory framework and leading position as a digital finance hub make it a natural home for Fasset,”
said Mohamed Sabra, General Manager of Fasset Bahrain.
“With tokenised US stocks, we are giving investors the ability for fractional ownership, to diversify their portfolios with assets that were previously out of reach, all in one unified financial superapp platform.”
Bahrain-based users will have regulated, real-time fractional access to tokenised US stocks, as well as more than 85 other assets, including tokenised gold, cryptocurrencies and bundled investment options.
The platform is interest-free and offers a mobile-based interface, with local onboarding supported through direct bank transfers.
Fasset integrates over 50 domestic banking connections to provide cross-border financial services to an estimated 2.5 billion people.
The company said its platform conceals the complexity of blockchain-based transactions, while enabling faster and more cost-effective transfers through its regulated network of financial corridors.
The firm recently reported more than US$1 billion in transaction volume.
The launch in Bahrain follows a phased rollout.
A beta stage ran from 22 July to 12 August, allowing early access and product testing.
The current stage focuses on education and awareness regarding tokenised stocks, gold and cryptocurrencies.
The full market launch is planned for September, with tokenised US equities as the main feature.
