Kanoo Family Legacy Expands into Blockchain with $6 Trillion Trade Market

Abdulla Kanoo, a fifth-generation member of Bahrain's wealthy Kanoo family, is building on his family's legacy by expanding into blockchain and digital assets. The family has been involved in commercial infrastructure for over 135 years and currently owns businesses spanning shipping, logistics, travel, and finance.

Kanoo co-founded ARP Digital, a firm focused on allowing faster, cheaper, and more efficient movement of money between emerging economies using blockchain technology.

Trade between emerging economies exceeded $6 trillion in 2024, with the market projected to reach $32 trillion by 2030. Kanoo's company, ARP Digital, has processed over $3.5 billion in transaction volume across 450 institutional and corporate entities, with a fourfold increase in volume last year.

ARP Digital has integrated with Fireblocks Network for Payments, connecting payment providers, fintech firms, and financial institutions across more than 100 countries. This integration provides access to one of the largest institutional digital asset networks worldwide.