Bank

Vision

Founder

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 <p><strong>Key Highlights</strong></p>
 <ul>
  <li>WhiteBIT signed an agreement with Durrah AlFodah Holding, linked to His Royal Highness Prince Naif Bin Abdullah Bin Saud Bin Abdulaziz Al Saud.</li>
  <li>The collaboration is designed to support Saudi Arabia’s Vision 2030 agenda.</li>
  <li>The agreement includes potential projects like stock market tokenization, research into a Central Bank Digital Currency (CBDC) framework, and developing national data and computing centers for blockchain infrastructure.</li>
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<p>WhiteBIT, a Europe-based cryptocurrency exchange, has signed a strategic cooperation agreement with Durrah AlFodah Holding, represented by His Royal Highness Prince Naif Bin Abdullah Bin Saud Bin Abdulaziz Al Saud. Under this partnership, the exchange will explore blockchain and digital infrastructure opportunities in Saudi Arabia.</p>
<p>This deal is in line with the Kingdom’s Vision 2030 agenda for digital transformation, financial modernization, and economic diversification. Seaside Arabia acted as the strategic advisor on this agreement.</p>
<h2 class="wp-block-heading" id="onboarding-potential-projects">Onboarding potential projects&nbsp;</h2>
<p>According to the <a href="https://durahalfodah.com/whitebit-agreements/" target="_blank" rel="noopener noreferrer nofollow">announcement</a>, the agreement would outline possible collaboration on projects such as:</p>
<ul>
 <li>Tokenization of the stock market: How blockchain-based digital securities could bring more transparency and liquidity to Saudi capital markets.</li>
 <li>CBDC framework research: Assessing infrastructure requirements for a future central bank digital currency.</li>
 <li>National data and computing centers: The construction of blockchain computing facilities, data processing, and digital assets mining.</li>
</ul>
<p>Durrah AlFodah will provide support for in-country regulatory engagement and partnerships, while WhiteBIT will bring technical expertise in blockchain architecture and digital infrastructure. The parties may also form a joint venture to manage future projects.</p>
<h2 class="wp-block-heading" id="the-goal-of-a-secure-blockchain">The goal of a secure blockchain</h2>
<p>Volodymyr Nosov, Founder and President of W Group, stated, “It is an honor to work alongside the Holding of His Royal Highness Prince Naif Bin Abdullah Bin Saud to build the foundations of Saudi Arabia’s digital transformation. Together, we aim to establish secure and sovereign blockchain systems that will shape the Kingdom’s technological future.”</p>
<p>Saudi Arabia has increased exploration of blockchain, tokenization, and digital-asset infrastructure through government-backed digital initiatives and emerging private-sector pilots. The agreement reflects rising interest among global firms seeking to participate in the country’s long-term digital transformation programs.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>Also Read: <a href="https://www.cryptotimes.io/2025/11/12/whitebit-launches-wb-check-for-easy-crypto-transfers/" target="_blank" rel="noopener noreferrer nofollow">WhiteBIT Launches WB Check for Easy Crypto Transfers</a></p>
</blockquote>

WhiteBIT Signs Agreement With Saudi Holding Linked to Prince Naif

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The Crypto Times

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