According to CoinEdition, WhiteBIT has signed a strategic agreement with Prince Naif Bin Abdullah Bin Saud’s Holding to build Saudi Arabia’s blockchain infrastructure. The partnership aims to tokenize the $2.7 trillion Saudi securities market and includes initiatives such as a Saudi CBDC framework and a National Data Computing Center. WhiteBIT founder Volodymyr Nosov stated the deal will create digital products worth more than the combined market cap of the top 10 cryptocurrencies and will support Saudi Arabia’s digital transformation. The collaboration also involves the development of a Central Bank Digital Currency (CBDC) and a sovereign data center to enhance secure data exchange and infrastructure protection.
WhiteBIT Partners with Saudi Prince’s Holding to Tokenize $2.7 Trillion in Assets
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