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🚨 MASSIVE NEWS FOR CRYPTO ADOPTION‼️
Hedera partners with the Saudi Ministry of Investment to secure a $250 million deal for Web3 and Deep Tech development! 🌍
1️⃣ Strategic partnership with Saudi Ministry of Investment: This monumental deal is a significant step towards fostering the adoption of Web3 and deep tech advancements within Saudi Arabia's fintech eco_.
2️⃣ Establishment of DeepTech Venture Studio: The creation of this studio by the Hashgraph Association aims to nurture innovation in deep technology, supporting local and international companies alike.
3️⃣ Empowering companies through innovation: The DeepTech Venture Studio launched in Riyadh as part of a five-year agreement, providing resources and guidance to companies to bring their innovative ideas to life.
4️⃣ Fintech Saudi & Kyndryl collaboration: The partnership between these two organizations is instrumental in accelerating the adoption of advanced technologies in the fintech sector, promoting technological advancement and innovation in financial services.
This partnership, along with the launch of the DeepTech Venture Studio and collaboration with Kyndryl, marks a significant step towards Saudi Arabia's vision to become a leading global hub for fintech and deep tech innovation. 💡
#Hedera SaudiArabia #Web3 DeepTech #Fintech Innovation