Hedera signs a $250 million cooperation agreement with the Saudi Ministry of Investment for a period of five years

ChainCatcher news, the open-source proof-of-stake blockchain Hedera announced a five-year cooperation agreement with the Saudi Ministry of Investment, valued at $250 million. As part of the cooperation agreement, the Hashgraph Association launched the DeepTech Venture Studio to develop technological solutions for local Saudi companies, including artificial intelligence, blockchain, and more.