The WhiteBIT crypto exchange, founded by Kharkiv resident Volodymyr Nosov, has signed a strategic cooperation agreement with the prince of Saudi Arabia and his company Durrah AlFodah Holding.
The WhiteBIT crypto exchange, founded by Kharkiv resident Volodymyr Nosov, has signed a strategic cooperation agreement with the prince of Saudi Arabia and his company Durrah AlFodah Holding.
The partnership aims to accelerate the national digital transformation in the Kingdom of Saudi Arabia as part of the Vision 2030 strategy. WhiteBIT will provide Ukrainian technological expertise and infrastructure design for key national projects. These include
WhiteBIT and Durrah AlFodah Holding will also form a joint venture to manage and scale these initiatives.
«We are honored to work with His Royal Highness Prince Nayef bin Abdullah bin Saud Holding to lay the foundation for Saudi Arabia’s digital transformation. Together, we aim to create secure and sovereign blockchain systems that will shape the Kingdom’s technological future,» said Vladimir Nosov, Founder and President of W Group (which includes WhiteBIT).
Recall that last year, dev.ua asked Nosov about the dominant role of IT workers in the WhiteBIT team, the slow process of regulating crypto in Ukraine, whether it is advisable to pay military salaries in cryptocurrency, Volodymyr’s football business, and assistance to the Kharkiv region, which is being attacked by the Russians.
