Global energy giant Électricité de France (EDF) has entered a strategic partnership with blockchain technology firm droppRWA to explore the tokenization of real-world assets (RWAs) within Saudi Arabia's energy sector. The companies signed a Memorandum of Understanding (MoU) on January 7, 2025, in Riyadh, creating a framework to integrate decentralized technologies into the Kingdom's energy infrastructure.
The collaboration will focus on three key areas: utilizing blockchain protocols to streamline inter-company transactions, tokenizing physical energy assets like renewable installations and thermal plants to improve project liquidity, and developing frameworks for the carbon credit industry. The initiative aims to modernize financing structures and enhance transparency throughout the asset lifecycle, aligning with Saudi Arabia's Vision 2030 economic diversification goals.
Omar Aldaweesh, CEO of EDF International Regional Headquarters, stated, "Exploring the potential of asset tokenisation and next-generation financial technology allows us to look beyond traditional frameworks." He added that the partnership will demonstrate how the technology can drive value for projects and contribute to a more robust carbon credit market.
Faisal Al Monai, Chairman of droppRWA Limited, emphasized the transformative potential, saying the MoU "represents a significant step toward making energy assets more accessible, liquid, and efficient through the power of blockchain." He noted the collaboration is about exploiting the energy sector and tokenizing a market that has traditionally required heavy capital to access.
EDF, a French state-owned multinational, is one of the world's largest electricity producers, generating 520 terawatt-hours of low-carbon electricity annually and reporting consolidated sales of €118.7 billion in 2024. droppRWA specializes in 'Sovereign RWA' infrastructure, helping governments unlock asset value through blockchain. Its parent company, droppGroup, previously collaborated with Saudi Aramco and executed the Kingdom's first tokenized real estate transaction with RAFAL Real Estate in June 2025.
This partnership occurs amid significant global momentum for RWA tokenization, with the total value of tokenized assets soaring to $36.11 billion as of November 2025, up from $770 million at the end of 2023.
