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DLT Experts In High Demand In Saudi Arabia

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DLT Experts In High Demand In Saudi Arabia

Anthony Butler, senior advisor to the Saudi Central Bank, has called for blockchain, AI, and digital assets experts to apply for positions in world-class projects in the country.

He believes there are exciting opportunities in KSA, with some projects having a significant impact. KSA has been investing in digital economy projects, including a nationwide CBDC project in 2022.

Marhaba Blockchain Information Systems partnered with Saudi Arabia’s Digital Economy Centre to focus on Blockchain, DLT, and AI initiatives.

Blockchain-enabled entities like Crysp Farms secured a $2.25 million ‘Pre-Series A’ round, Tribal Credit will expand into Saudi Arabia, and the Hashgraph Association has signed a strategic partnership with the Ministry of Investment of Saudi Arabia to launch a “DeepTech Venture Studio” worth $250M USD over five years. 

(With inputs from Shikha Singh)

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