Saudi Arabia

Saudi Arabia Launches First Real Estate Tokenization Pilot with droppRWA and RAFAL
Saudi Arabia Launches First Real Estate Tokenization Pilot with droppRWA and RAFAL

droppRWA, a subsidiary of Web3 infrastructure provider droppGroup, has partnered with Saudi Arabia’s RAFAL Real Estate Co. to execute the Kingdom’s first-ever Real World Asset (RWA) tokenization t...

Last updated 3 mins ago

Saudi Arabia Emerges as MENA’s Largest Digital Economy, Valued at $131 Billion
Saudi Arabia Emerges as MENA’s Largest Digital Economy, Valued at $131 Billion

Saudi Arabia has officially cemented its status as the largest digital economy in the Middle East and North Africa (MENA), with its digital market reaching a valuation of over SAR 495 billion ($131.9 ...

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Saudi Arabia’s Subtle Bitcoin Bet Is Hiding in Plain Sight
Saudi Arabia’s Subtle Bitcoin Bet Is Hiding in Plain Sight

In a development that could reshape perceptions of institutional crypto adoption, the Saudi Central Bank has revealed its ownership of shares in MicroStrategy, the U.S. firm renowned for holding more ...

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Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant
Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant

Saudi Arabia’s central bank has joined Project mBridge – a cross-border experiment with central bank digital currencies (CBDCs) for international trade – as a full participant, the Switzerland-b...

Last updated 3 mins ago