Gulf dynasty heir moves $6 trillion trade market blockchain

Abdulla Kanoo, heir to a 135-year-old Bahraini business dynasty, is leveraging blockchain technology to modernize cross-border trade settlements. His firm, ARP Digital, is building infrastructure to facilitate faster and cheaper transactions between emerging economies, a market potentially worth $32 trillion by 2030. ARP Digital has already processed over $3.5 billion in volume for more than 450 institutions, operating with licenses from Bahrain and preliminary approval from Dubai. This initiative aims to transform the Gulf region into a future hub for global capital movement, building upon its historical role as a center for capital storage.