BlackRock, a leading global asset manager, recently held its first board meeting in Abu Dhabi, a move that signifies its heightened focus on the United Arab Emirates (UAE) and the wider Middle East region.
This development, which included high-level engagement with UAE royalty and BlackRock CEO Larry Fink, centered on themes like artificial intelligence (AI), advanced technologies, and the future of global investments.
Ripple executive Reece Merrick suggested that BlackRock's increased attention on Abu Dhabi could create more business avenues for Ripple.
BlackRock's strategic move aligns with Abu Dhabi's goal of becoming a global hub for innovation and finance. This environment, combined with Ripple's established history, growing transaction volume, regulatory licensing, and physical expansion in the UAE, suggests that the region is poised to become an increasingly critical market for Ripple's business, potentially benefiting from BlackRock’s deeper engagement.
November 2025, Cryptoniteuae