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Saudi Aramco Goes Blockchain by Investing $5 Million in Vakt

Saudi Aramco Energy Ventures invested $5 million into Vakt shares, and its trading subsidiary Aramco Trading Company will start using the Vakt platform, according to a press release.That way, Saudi Aramco joins the current Vakt shareholder base of 12 investors. Among them are some of the world’s largest energy and commodity trading players. This investment will help Vakt in platform development and possibly expand to new markets in Asia.This is particularly big for Vakt. Mostly because such a...

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