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November 18, 2025
Gregory Pudovsky
Revealed: November 18, 2025 at 1:46 pm Up to date: November 18, 2025 at 1:46 pm
In Temporary
WhiteBIT, Europe’s largest crypto alternate by site visitors, has partnered with Durrah AlFodah Holding, led by Prince Naif Bin Abdullah, to advance blockchain, digital finance, and knowledge infrastructure in Saudi Arabia.
Riyadh, Saudi Arabia — November 18, 2025
WhiteBIT, the most important European cryptocurrency alternate by site visitors, has entered right into a strategic cooperation settlement with Durrah AlFodah Holding, represented by His Royal Highness Prince Naif Bin Abdullah Bin Saud Bin Abdulaziz Al Saud, to drive the Kingdom’s development in blockchain expertise, digital finance, and knowledge infrastructure.
This landmark settlement was facilitated by Seaside Arabia, which served because the strategic guide and subject material professional all through the method, guiding the framework and goals of the partnership. This cooperation aligns immediately with the strategic pillars of Kingdom of Saudi Arabia Imaginative and prescient 2030, fostering financial diversification, technological innovation, and digital transformation throughout the Kingdom’s private and non-private sectors.
The partnership units the muse for key national-scale initiatives throughout the Kingdom, together with:
• Inventory Market Tokenization – introducing blockchain-based digital securities to reinforce transparency, accessibility, and liquidity within the Saudi monetary market;• Central Financial institution Digital Foreign money (CBDC) Framework Improvement – supporting infrastructure analysis and design for a sovereign digital forex ecosystem;• Nationwide Information Computing and Mining Facilities – constructing safe and large-scale services for knowledge processing, blockchain computation, and digital asset mining.
Underneath the settlement, Durrah AlFodah will facilitate WhiteBIT’s market entry, regulatory engagement, and partnership improvement throughout Saudi Arabia, whereas WhiteBIT will present technological experience and infrastructure design. The collaboration additionally envisions the formation of a three way partnership firm to handle and scale these initiatives.
Volodymyr Nosov, Founder and President of W Group, which WhiteBIT is, said:
“It’s an honor to work alongside the Holding of His Royal Highness Prince Naif Bin Abdullah Bin Saud to construct the foundations of Saudi Arabia’s digital transformation. Collectively, we goal to ascertain safe and sovereign blockchain methods that can form the Kingdom’s technological future.”
This settlement reinforces a shared imaginative and prescient between each events — to make Saudi Arabia a regional hub for blockchain innovation, digital finance, and knowledge sovereignty.
About WhiteBITWhiteBIT is the most important European cryptocurrency alternate by site visitors, providing over 900 buying and selling pairs, 340+ belongings, and supporting 9 fiat currencies. Based in 2018, the platform is part of W Group which serves greater than 35 million clients globally. WhiteBIT collaborates with Visa, FACEIT, FC Juventus and the Ukrainian nationwide soccer group. The corporate is devoted to driving the widespread adoption of blockchain expertise worldwide.
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About The Creator
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a worthwhile contributor to varied on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is presently devoted to writing a guide about cryptocurrency and blockchain.
Extra articles
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a worthwhile contributor to varied on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is presently devoted to writing a guide about cryptocurrency and blockchain.
