AB Xelerate Invests In Ubyx To Strengthen Global Digital Money Connectivity

Ubyx is building a shared network that allows regulated financial institutions to issue, accept, and redeem digital money at par value across multiple blockchains and jurisdictions, all while maintaining compliance with established regulatory frameworks.

"Digital assets and stablecoins represent a major opportunity for financial innovation in the MENA region. Our investment with Ubyx reflects our confidence in their infrastructure and their ability to support the secure, compliant, and scalable adoption of this emerging ecosystem," said Hala Zahan, Head of AB Xelerate.

Tony McLaughlin, CEO of Ubyx, said: "The future of digital money depends on global networks, not isolated platforms. For digital money to scale it must move seamlessly across institutions markets and jurisdictions while retaining par-value integrity and regulatory confidence. AB Xelerate's solid experience in banking innovation makes them an ideal partner as we build infrastructure designed for global adoption and support the next generation of regulated digital finance."

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Cross-border financial flows connecting the Middle East to global markets are a key driver of digital money adoption. AB Xelerate and Ubyx share the goal of enabling these flows through regulated digital money infrastructure, supporting international trade, liquidity management and settlement all fully compliant with supervisory and regulatory frameworks.

Led by CEO Tony McLaughlin, Ubyx builds a shared network that allows regulated financial institutions to issue, accept and redeem tokenized deposits and stablecoins at par value.

The platform unites diverse banking and blockchain networks into a single settlement environment, fully compliant with regulatory and compliance requirements.

The company has partnered strategically with Arab Bank to advance the adoption of emerging digital finance ecosystems across the MENA region and globally.

About Ubyx

Ubyx was founded to enable the global acceptance of regulated digital money by connecting multiple issuers with multiple receiving institutions in a shared settlement environment. Ubyx supports the redemption of tokenised deposits and regulated stablecoins at par value and helps preserve the singleness of money across emerging digital financial ecosystems.