Hedera has secured a five-year, $250 million partnership agreement with the Saudi Ministry of Investment to foster Web3 and deep tech development within Saudi Arabia, according to Hedera’s tweet today. The official announcement of this collaboration took place during the Saudi-Swiss roundtable meeting in Riyadh.

As part of a five-year agreement valued at $250m with the Saudi Ministry of Investment (@MISA), @The_Hashgraph Association has announced the launch of the DeepTech Venture Studio – empowering companies to develop innovative technological solutions. #web3https://t.co/wnqA9H4rm4 https://t.co/Yi6EJWqEh6

— Hedera (@hedera) February 6, 2024

As part of the strategic deal, Hashgraph Association, a Switzerland-b

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Author: Vivian Nguyen

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