In-Kingdom operating entity to enable compliant digital asset innovation for sovereign and enterprise-scale initiatives under Saudi regulatory frameworks
-- Open World Launches Saudi Arabia’s First RWA Tokenization Center of Excellence to Advance Vision 2030 Digital Economy Goals
In-Kingdom operating entity to enable compliant digital asset innovation for sovereign and enterprise-scale initiatives under Saudi regulatory frameworks
AL KHOBAR, Saudi Arabia, January 22, 2026 — Open World Ltd. (“Open World”), a blockchain infrastructure company with experience supporting large-scale digital asset initiatives, today announced the establishment of Saudi Arabia’s first RWA (Real-World Asset) Tokenization Center of Excellence. The news follows Open World’s announcement on January 5, 2026, regarding its plans to merge with VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe”), positioning the combined entity for participation in public markets as a leading infrastructure provider in the digital asset and tokenization sector.
The RWA Center of Excellence will operate as a fully licensed and, as regulations are defined, in-Kingdom entity designed to accelerate compliant digital asset innovation for sovereign, enterprise, and institutional clients across Saudi Arabia and the broader Middle East. The initiative will directly support the Kingdom’s Vision 2030 Financial Sector Development Program, which seeks to establish Saudi Arabia as a globally competitive financial and investment hub.
The Center of Excellence will enable compliant tokenization of real-world assets, including energy infrastructure, tokenized carbon reduction credits, real estate, sovereign bonds and, over time, regulated stablecoins. These initiatives will be launched on Open World’s sovereign and national-scale tokenization infrastructure introduced in December 2025 through its partnership with Abstract. This will provide Saudi enterprises and government entities new pathways to access global capital markets while maintaining full regulatory compliance with Saudi Central Bank (SAMA) and Capital Market Authority (CMA) requirements.
Matt Shaw, co-founder and CEO of Open World added, “By establishing our Center of Excellence in Al Khobar, we are making a long-term commitment to build alongside Saudi partners, under Saudi regulations, with infrastructure that meets the Kingdom’s sovereign data and security requirements. Our goal is to help transform Saudi Arabia’s tremendous real-world asset base into globally accessible, compliant digital instruments that attract international investment while ensuring value creation remains within the Kingdom.”
Initial focus areas for the Center of Excellence include certain types of energy asset tokenization, real estate development financing, and the on-chain verification and storage of carbon reduction credits. The Center has been structured to meet sovereign-grade delivery standards, with a strong emphasis on data residency, local security controls, and national economic considerations aligned with the Kingdom’s localization objectives.
“Welcoming Open World to Al Khobar represents a significant step in our region’s digital transformation journey,” said Dr. Salman Salem Al Khaldi, member of the Industry and Energy Committee at the Eastern Province Chamber of Commerce and Industry. “The Eastern Province is home to Saudi Aramco, King Fahd University of Petroleum and Minerals, Dhahran Techno Valley and the Kingdom’s largest concentration of energy assets, making it the ideal location to pioneer real-world asset tokenization. This initiative aligns perfectly with Vision 2030’s goal to develop our financial sector and diversify our economy beyond traditional energy exports.”
The RWA Center of Excellence is expected to commence full operations in 2026, with initial pilot projects targeted for mid-year launch. Open World has established the necessary legal, licensing, commercial, and technological infrastructure required to operate directly within Saudi Arabia’s regulatory environment.
To support growing institutional adoption in Saudi Arabia, Open World said it plans to work with financial institutions, government entities, and regulators to develop frameworks for investor protection, regulatory clarity, and standardized tokenization practices, with strategic partnership announcements expected throughout 2026.
About Open World Ltd.
Open World has been a major driving force behind many of the most iconic projects in blockchain. Given its expertise, Open World is now expanding its offerings to traditional finance (TradFi). Open World has facilitated the inception and growth of more than 20 companies since 2023 and has helped launch over $65 billion in aggregate network value since (at peak FDV). Open World advises founding teams as they navigate the most complex intersections of financial regulatory, tokenomics, public markets, exchange strategy, and governance structuring. The teams Open World advises are partners with leading venture capital firms, including a16z, Multicoin Capital, Dragonfly, and Founders Fund. The firm’s range of services includes token launch advisory, DATs and TradFi strategies, RWA tokenization, stablecoin issuance, policy advocacy, and strategic advisory work. To learn more, visit https://www.openworld.dev.
About VerifyMe, Inc.
VerifyMe provides specialized logistics for time and temperature-sensitive products, as well as brand protection and enhancement solutions. To learn more, visit https://www.verifyme.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “become,” “expected,” “plans,” “upon,” “will,” and similar expressions, as they relate to Open World and VerifyMe, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the uncertainty of whether Open World and VerifyMe will enter into a merger agreement and, if they do enter into a merger agreement, that the merger will close. These risk factors and uncertainties include those more fully described in VerifyMe’s Annual Report and Quarterly Reports filed with the Securities and Exchange Commission (“SEC”), including under the heading entitled “Risk Factors.” Actual results may vary materially from those currently anticipated.
Additional Information About the Proposed Transaction and Where to Find It
This document includes discussion related to a proposed transaction between Open World and VerifyMe. VerifyMe intends to file other documents regarding the proposed transaction with the SEC.Copies of the proxy statement and any prospectus and all other relevant documents filed or that will be filed with the SEC by VerifyMe will be available free of charge on the SEC’s website at https://www.sec.gov and on VerifyMe’s website at https://vrmeinvestor.com/ or by written request to VerifyMe at VerifyMe, Inc., Attn: Corporate Secretary, 801 International Parkway, Fifth Floor, Lake Mary, Florida 32746.
Participants in the Solicitation
Open World and VerifyMe and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed merger. Information regarding their interest in the proposed merger will be contained in the proxy statement and any prospectus which is expected to be filed by Open World and VerifyMe with the SEC after the parties enter into a merger agreement.
No Offer or Solicitation
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under applicable securities laws.
Media Contact
Company: Open World Ltd.
Email: openworld@wachsman.com
Company: VerifyMe, Inc.
Email: IR@verifyme.com
Contact Info:
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Email: Send Email
Organization: OpenWorld
Website: https://openworld.dev
Release ID: 89181580
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