Saudi Aramco Invests $5 Mln; Joins Blockchain-powered VAKT Platform
Oil giant Saudi Aramco Energy Ventures announced a $5 million investment in new shares in VAKT's blockchain-powered post-trade processing and management platform for commodities, with Aramco Trading Co. also joining the platform as a user. SAEV's investment in VAKT will enable further development of the platform and expansion into new markets, particularly into Asia with the help of Aramco.
Source: RTTNews