Digital Currency Development The National Bank of Georgia is actively developing and testing a Central Bank Digital Currency (CBDC), collaborating with Ripple Labs and other partners to create innovative digital payment solutions, indicating potential demand for blockchain technology, cybersecurity, and digital banking infrastructure solutions.
Technological Innovation With recent launches such as the Bloomberg E-Bond technology solution and pilot projects for the Digital Lari, the bank is investing in advanced financial technology platforms, offering opportunities for fintech partnerships and upgrade services in electronic trading and asset management.
Regulatory Modernization The bank's move to implement mandatory supervision of virtual asset service providers shows a commitment to establishing a regulated virtual assets market, opening avenues for compliance solutions, risk management tools, and legal advisory services tailored for virtual asset businesses.
Strategic Partnerships Collaborations with international organizations like the India Blockchain Forum and the Georgian Football Federation demonstrate the bank’s openness to diverse strategic alliances, providing potential for enterprise networking, sponsorship engagement, and innovative project collaborations.
Market Growth Potential As Georgia’s central bank with a revenue range of $25M to $50M and a focus on digital transformation, there is significant opportunity to offer financial services, consultancy for digital strategy, and technology solutions aimed at helping the bank scale up its digital banking capabilities and financial products.