Bittrex – a US-based crypto exchange – has reportedly collaborated with Rain Management WLL – a crypto firm headquartered in Bahrain – to introduce a digital coins trading platform, specifically for the the Middle East and North Africa (MENA) region.

Particularly, Rain will be providing human resource, as well as its professional expertise in the MENA, and Bittrex will be in charge of building the security infrastructure and supply required tech.

The new platform will be facilitating transactions for all currently accepted tokens, on Bittrex and Bittrex International. It will also support 4 Bitcoin (BTC) trading pairs, with the Bahrain fiat money: the Bahraini dinar, the Kuwaiti dinar, the United Arab Emirates dirham and the Saudi riyal.

Per the announcement, the new trading platform will be the first of its kind, to be properly registered to operate in MENA. Rain has been involved with the regulatory sandbox of Bahrain’s central bank, rolled out in February this year.

The firm has been formed by the Central Bank of Bahrain (CBB), and has worked as the Crypto-Asset legal framework since then. Rain claimed that it is the first ever crypto firm to acquire the Crypto-Asset Module license to operate in the Middle East.

With the collaboration, Rain aimed to bring the standards of crypto exchanges in the Middle East to international level. Bill Shihara – Bittrex CEO – believed that the partnership will help boost blockchain awareness and adoption in the region.