Saudi Tokenization Startup To Tokenize Assets Of ParisAline
ParisAline, a global leader in invisible orthodontic treatments, has partnered with Saudi Arabian tech startup Tokenizerly to revolutionize healthcare funding using advanced blockchain technologies. Tokenizerly offers comprehensive tools for asset tokenization, providing unprecedented advantages in terms of reach, efficiency, and transparency. The agreement aims to enhance funding solutions across ParisAline and its associated medical companies, including hospitals, medical device manufacturing, medical tourism, laboratories, and educational institutions.
The Blockchain-enabled Tokenizerly platform will enable ParisAline and its sister companies to raise capital efficiently by tokenizing their assets, making alternative healthcare investments affordable, accessible, and tradable. The partnership sets new standards for investment and operational efficiency in the healthcare industry. The Saudi government is also supporting tech development in the Kingdom, with The Hashgraph Association (THA) partnering with the Ministry of Investment of Saudi Arabia (MISA) to launch a “DeepTech Venture Studio” worth $250M USD over five years (2024-2028).
(With inputs from Shikha Singh)
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