Japanese financial group SBI and Saudi Aramco discuss digital asset investment cooperation and establish "SBI Middle East"
On December 11th, Japanese financial group SBI and energy company Saudi Aramco announced that they will explore potential cooperation in the fields of digital assets and semiconductors. SBI also stated that it plans to establish "SBI Middle East" in Riyadh as a base for its Middle East business. SBI and Saudi Aramco will consider jointly investing in each other's digital asset portfolios.
In addition, SBI will also seek Japanese digital asset startups that wish to expand their business in Saudi Arabia, and they will provide support together.
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