UAE-based digital asset platform Fasset has officially launched operations in Bahrain, giving local investors access to tokenized U.S. stocks, gold, and cryptocurrencies through its mobile-first “financial superapp”.
The move highlights Bahrain’s growing role as a hub for digital finance in the Middle East, with regulators continuing to attract fintech and blockchain firms seeking regional growth.
Fasset’s platform allows U.S. equities such as Apple, Tesla, and Amazon to be traded in tokenized form, offering fractional ownership and 24/7 settlement. The model lowers traditional barriers like high minimum capital requirements, making global assets more accessible to everyday investors.
“Bahrain’s progressive regulatory framework and status as a digital finance hub make it a natural home for Fasset,” said Mohamed Sabra, General Manager of Fasset Bahrain. “Through tokenized U.S. stocks, we’re giving investors the chance to diversify portfolios with assets that were previously out of reach.”
Beyond equities
Beyond equities, Bahraini users can access more than 85 digital and tokenized assets on the platform, including cryptocurrencies, tokenized gold, and bundled investment strategies. The service is interest-free, with local bank transfers integrated to streamline onboarding.
The company says it connects over 2.5 billion people through 50 banking corridors and recently surpassed $1 billion in transaction volume.
Fasset’s entry into Bahrain follows a beta testing phase from July 22 to August 12. A full-scale launch is planned for September, supported by educational campaigns aimed at building awareness of tokenized investing.
“With this launch, Fasset is not only enabling access to tokenized U.S. equities but also showcasing what the future of investing could look like — inclusive, transparent, and efficient,” Sabra added.
Founded by Mohammad Raafi Hossain and Daniel Ahmed, Fasset has raised $26.7 million to date and holds regulatory approvals in the UAE, Indonesia, Malaysia, the EU, Turkey, and Pakistan.
