Secure Foundation Membership Attained by COTI in SAAIBC: Insights
Chill Out and Check Out COTI's Latest Moves on Google News * COTI Secures Founding Membership in Saudi Arabia AI and Blockchain Center * SAABIC Kicks Off Global RWA Conference in Dubai
Get ready for some fresh tech happenings in the Middle East and North Africa (MENA) region! The blockchain powerhouse, COTI, has revealed their latest achievements in this dynamic region. COTI recently joined the Saudi Arabia AI and Blockchain Center (SAAIBC), a hub where the hottest trends in AI and blockchain are shared.
Embracing the Future with SAAIBC
Wanna hear the tea? As of April 30, 2025, COTI proudly steps into the spotlight as one of the founding members of SAAIBC. This center unites the brightest minds of Saudi Arabia, from leaders and policymakers to practitioners, all with a shared passion to speed up AI and blockchain adoption in MENA and beyond.
COTI's interest in the region doesn't stop there. They're all about seizing the opportunity presented by real-world assets (RWAs) to merge traditional finance with blockchain economies.
The economic landscape of the MENA region reveals one of the most invigorating environments for technological advancement worldwide. With Saudi Arabia's Vision 2030, the kingdom aims to elevate itself to global AI dominance, making some hefty investments along the way.
This includes the Public Investment Fund (PIF), a humungous $40 billion AI fund, and Project Transcendence, a $100 billion initiative dedicated to funding data centers, startups, and AI infrastructure.
By teaming up with SAAIBC, COTI brings their ace knowledge on compliant confidentiality, auditability, and bridging the traditional finance/Web3 gap.
COTI's technology tackles the biggest obstacle standing in the way of massive institutional adoption of public blockchain and compliant privacy. Their fast and efficient privacy technology opens up the vast multi-trillion-dollar opportunity that includes lending, national infrastructure, commodities, and more.
SAABIC Revs Up the Global RWA Event in Dubai
COTI's CEO, Shahaf Bar-Geffen, is stoked about the new possibilities that SAAIBC presents for his product and its worldwide adoption. As Bar-Geffen sees it, this partnership provides a golden opportunity to mold blockchain policy and infrastructure as they take root across the MENA region and Africa.
By joining forces with infrastructure providers like COTI, investors, government officials, and businesses, they can trial impactful projects with input from all relevant stakeholders. That's a strategy that practically guarantees success!
SAABIC officially made its debut today at the Real-World-Asset Summit in Dubai. It's the perfect setting to network directly with top players driving technological evolution at the highest levels.
SAABIC members flanked the RWA Summit roundtable together with top leaders from government, investment, and technology to tackle the major challenges facing tokenization in the MENA region and beyond.
The event took place at the iconic Burj Al Arab, coinciding with the TOKEN2049 conference. Over 40 dignitaries attended, including influential government leaders and members of the royal families from the United Arab Emirates, Kingdom of Saudi Arabia, Republic of Kazakhstan, Republic of Nigeria, Republic of Sierra Leone, France, and the United Kingdom.
So there you have it, COTI's footprint on the Saudi Arabia AI and Blockchain Center and the SAABIC-led global RWA event in Dubai.
- COTI's technology focuses on addressing the primary barrier preventing massive institutional adoption of public blockchain, ensuring compliant privacy.
- Role players at the SAABIC-led global RWA event in Dubai attended by over 40 dignitaries included government leaders, members of royal families, and industry experts from various countries like the United Arab Emirates, Kingdom of Saudi Arabia, Republic of Kazakhstan, Republic of Nigeria, Republic of Sierra Leone, France, and the United Kingdom.
- COTI, as a founding member of the Saudi Arabia AI and Blockchain Center (SAAIBC), aims to shape blockchain policy and infrastructure as they grow across the MENA region and Africa.
- Project Transcendence, a $100 billion initiative in Saudi Arabia, centers on funding data centers, startups, and AI infrastructure to elevate the kingdom to global AI dominance.
- The economic landscape of the MENA region is a breeding ground for technological advancement, attracting cutting-edge technology companies like COTI due to substantial investments in AI and blockchain.
- COTI's collaboration with SAAIBC highlights their shared interest in the region, targeting real-world asset (RWA) opportunities to bring together traditional finance and blockchain economies.
- The Public Investment Fund (PIF), a $40 billion AI fund in Saudi Arabia, aims to support AI innovation and drive technological development within the kingdom.
