Blockchain enters energy sector in KSA with MOU between EDF Group and Saudi droppRWA
EDF Group International Regional Headquarter (EDF RHQ), and Saudi based droppRWA Limited, have signed an MOU to explore implementing blockchain tokenization solutions in the energy sector in Saudi Arabia and the development of tokenized carbon credits.
EDF Group is a world leader in low-carbon energy, with a low carbon output of 520TWh, a diverse generation mix based mainly on nuclear and renewable energy (including hydropower). It is also investing in new technologies to support the energy transition, while
As per the press release, this MOU will establish a framework to explore blockchain decentralized technologies within the Saudi energy landscape. It focuses on adoption of blockchain-based protocols to streamline inter-company transactions, the tokenization of real-world energy assets to improve project liquidity, and the development of innovative frameworks for the carbon credit industry.
By bringing energy assets on-chain, ranging from renewable energy installations to thermal assets, the partnership seeks to modernize financing structures and drive transparency throughout the asset lifecycle.
droppRWA will utilize its Sovereign RWA infrastructure to set a new standard for how large-scale energy projects are managed and financed in the region, for sustainable efficient economic environment.
Omar Aldaweesh, CEO of EDF RHQ, commented noted that exploring the potential of asset tokenization and next generation financial technology allows them to look beyond traditional frameworks. He asserts, “This collaboration with droppRWA will provide valuable insights into how these technologies can drive value for our projects and contribute to a more robust carbon credit market.”
Faisal Al Monai, Chairman of droppRWA, added “By applying our world-class tokenization infrastructure to key projects in the Kingdom, we are building the future of the Primary Capital Market. This MoU represents a significant step toward making energy assets more accessible, liquid, and efficient through the power of blockchain.”
droppRWA has partnered with several entities in KSA
In November of 2025, Saudi Arabian, Adeer Real Estate and droppRWA, blockchain tokenization service provider, also signed an MOU for a strategic partnership aimed at introducing blockchain digital ownership solutions across Adeer’s real estate portfolio in the Kingdom, by introducing tokenized projects across Adeer’s development pipeline.
It included residential communities to commercial assets, and new financing structures. droppRWA noted that they completed Saudi Arabia’s first end-to-end tokenized property transaction in partnership with Kingdom regulatory authorities, establishing the infrastructure for compliant blockchain based property transfers.
DroppRWA, also partnered with Saudi Arabia’s real estate developer RAFAL Real Estate Co, to execute a Saudi Arabian pilot that would (RWA) tokenization real estate transaction.
SettleMint to tokenize Saudi Arabia’s property registry
In addition to the work being carried out by droppRWA, SettleMint, an enterprise asset tokenization platform has partnered with The Saudi Arabian Real Estate Registry (RER), which is under the supervision of KSA’s Real Estate General Authority (REGA), to launch a nationwide property tokenization infrastructure that offers digital ownership transfer built on a blockchain infrastructure that would include real estate registration, fractionalization and marketplace integration.
SettleMint has already deployed the blockchain enabled platform which will act as a technological backbone for next-generation property marketplace. The platform will integrate blockchain based title management, automated valuation models (AVMs), escrow linked payment verification, and fractional ownership capabilities which will open up the property investment and financing market to more players in a transparent, and secure way.
