Saudi Aramco Energy Ventures invests $5M in oil blockchain platform Vakt

Saudi Aramco Energy Ventures invests $5M in oil blockchain platform Vakt – The Block

The venture arm of the world’s most profitable company Saudi Aramco has invested $5 million in blockchain-based oil trading platform Vakt. Announcing the news on Tuesday, Vakt said Saudi Aramco Energy Ventures is now one of its 12 shareholders. With the fresh capital in place, Vakt plans to expand into new markets – with a …