COTI Secures Founding Member Status in SAAIBC: Insights
Title: COTI Joins Forces with Saudi Arabia AI and Blockchain Center* COTI Leads Global RWA Event in Dubai
Get the latest news on COTI from Google News! Today, we're excited to share that COTI, a heavyweight in blockchain infrastructure, has snagged a spot as a founding member of the Saudi Arabia AI and Blockchain Center (SAAIBC). This regional hub is all about sharing the best practices in AI and blockchain verticals.
COTI and the Saudi Arabia AI and Blockchain Center (SAAIBC)
It's official! As of April 30, 2025, COTI is now an integral part of SAAIBC. This alliance consists of Saudi Arabian leaders, policymakers, and practitioners, all working towards accelerating AI and blockchain adoption across the Middle East, North Africa, and broader Africa.
COTI's involvement marks a continued interest in this region and a focus on applying Real-World Assets (RWAs) to bridge traditional finance with blockchain economies. With the MENA and African economic landscape offering one of the most dynamic environments for technological advancement worldwide, it's an opportunity COTI couldn't pass up.
This region is seeing massive investment, as seen with Saudi Arabia's Vision 2030 aimed at transforming the kingdom into a global AI powerhouse. The Public Investment Fund (PIF) boasts a $40 billion AI fund, while Project Transcendence has $100 billion dedicated to building investment into data centers, startups, and AI infrastructure.
As a key partner to SAAIBC, COTI will leverage its expertise in compliant confidentiality, auditability, and ways to bridge the gap between traditional finance and Web3 technologies.
COTI's technology tackles the biggest hurdle in institutional adoption of public blockchain—compliant privacy. Its fast, efficient privacy solution unlocks RWAs, a multi-trillion-dollar opportunity spanning everything from lending to national infrastructure, commodities, and more.
SAAIBC Kicks off Global RWA Event in Dubai
Shahaf Bar-Geffen, CEO of COTI, shares his enthusiasm: "This is an extraordinary opportunity to shape blockchain policy and infrastructure at an early stage throughout Africa and MENA. By bringing together infrastructure providers, including COTI, with investors, government officials, and businesses, we will be able to trial meaningful projects with input from all relevant stakeholders, ensuring the greatest possible chance of success."
SAABIC officially began today during the Real-World-Asset (RWA) Summit in Dubai, offering the perfect setting to engage with key stakeholders driving technological evolution at the highest levels.
SAABIC members joined the RWA Summit roundtable alongside top leaders from government, investment, and technology to address the key obstacles to tokenization across MENA and broader Africa. In total, over 40 distinguished guests, including notable government leaders and royal family members from countries like the UAE, Saudi Arabia, Kazakhstan, Nigeria, Sierra Leone, France, and the UK, attended this exclusive event held at the iconic Burj Al Arab, and coinciding with the TOKEN2049 conference.
So, there you have it! COTI's role in SAAIBC is shaping up to be key in driving technological innovation and merging traditional finance with blockchain technologies through its advanced privacy solutions and integration of RWAs. Stay tuned for more developments! #COTI 🌐🔄🎉💼🔒🌐💼🔒
- COTI, a pioneer in blockchain infrastructure, has become a founding member of the Saudi Arabia AI and Blockchain Center (SAAIBC).
- As a result of this alliance, COTI will work towards accelerating AI and blockchain adoption across the Middle East, North Africa, and broader Africa.
- By applying Real-World Assets (RWAs) to bridge traditional finance with blockchain economies, COTI sees the MENA and African economic landscape as an opportunity it couldn't pass up.
- The Saudi Arabia AI and Blockchain Center's key partner, COTI, will leverage its expertise in compliant confidentiality, auditability, and ways to bridge the gap between traditional finance and Web3 technologies.
- COTI's technology focuses on addressing the biggest hurdle in institutional adoption of public blockchain—compliant privacy.
- The SAAIBC kicked off a Global RWA Event in Dubai, offering a platform for COTI to trial meaningful projects and shape blockchain policy and infrastructure at an early stage.
- Notable government leaders and royal family members from countries like the UAE, Saudi Arabia, Kazakhstan, Nigeria, Sierra Leone, France, and the UK attended the RWA Summit, marking a significant event in the industry's technological evolution.
