Home GCC Bahrain Bahrain’s ATME aims transforming regional markets with asset tokenisation The Bahrain-regulated exchange aims to create a more inclusive and efficient financial system by enabling fractional ownership of high-value asset classes. by Gulf Business November 19, 2024 Alex Lola, CEO of ATME A digital assets exchange licensed by the Central Bank of Bahrain (CBB), ATME, is introducing real-world asset (RWA) tokenisation as it targets reshaping capital markets across the Middle East. The platform allows issuers to convert assets such as real estate, private equity, and commodities into tokens stored on a private blockchain. The Bahrain-regulated exchange aims to create a more inclusive and efficient financial system by enabling fractional ownership of high-value asset classes. According to Alex Lola, CEO of ATME, “Our platform is designed to give smaller businesses access to new capital-raising opportunities and help investors tap into asset classes that were previously out of their reach. We are creating a new way for businesses and investors to connect, building a financial ecosystem that offers inclusivity, security, and growth for all participants.” ATME’s platform operates on the Hyperledger Fabric blockchain framework, ensuring secure, transparent, and auditable transactions. It includes Know-Your-Customer (KYC) and Anti-Money Laundering (AML) protocols, limiting access to authorised participants and safeguarding against misconduct. “Our goal is to become the region’s leading digital assets exchange,” Lola said. “As progressive regional economies like Bahrain and the UAE advance through economic reforms and digitisation, they are setting new standards for innovation in the financial sector. ATME’s platform fits well within this shift by offering businesses modern, compliant solutions to help them raise capital more seamlessly and provide investors with newer opportunities for diversification.” The company also offers advisory services to issuers, covering deal structuring, smart contract development, token minting, and distribution. This support aims to help businesses navigate regulatory requirements while meeting their growth objectives. With the global market for tokenised assets expected to reach $2 trillion by 2030, ATME is positioning itself as a key player in the transformation of regional capital markets. Tags ATME Bahrain GCC You might also like Most GCC central banks follow Fed lead, lower key interest rates ADFD invests Dhs23bn in 33 projects in Bahrain How family businesses can preserve wealth, create legacies Renuka Jagtiani on Landmark’s billion-dollar bet on the future