Ubyx, a stablecoin settlement company, has received an investment from AB Xelerate, the fintech accelerator of Arab Bank. The investment, announced on February 19th, aims to bolster Ubyx's efforts in developing a shared network for regulated financial institutions to manage digital currencies across various blockchains and jurisdictions. The investment amount remains undisclosed. This funding will aid Ubyx in ensuring that digital currency transactions comply with regulatory and compliance standards. Previously, Ubyx was acquired by Barclays and has been exploring the development of tokenized currencies.