EDF and droppRWA Partner to Tokenize Saudi Arabia’s Energy Sector

Global energy leader EDF has joined forces with blockchain firm droppRWA in a landmark partnership aimed at revolutionizing Saudi Arabia's energy infrastructure through tokenization. The collaboration, formalized in Riyadh on January 7, 2025, signals growing institutional adoption of blockchain technology in traditional sectors.

The agreement focuses on three transformative initiatives: streamlining energy transactions via blockchain protocols, tokenizing physical energy assets including renewable installations, and developing blockchain-based carbon credit frameworks. These efforts could dramatically improve liquidity and accessibility in energy markets while reducing administrative friction.

Omar Aldaweesh of EDF International and Faisal Al Monai of droppRWA envision a future where solar farms and power plants trade as seamlessly as digital assets. "This represents more than innovation—it's about building the financial infrastructure for tomorrow's energy economy," Al Monai noted during the signing ceremony.