Oumla, a Saudi-based company building digital asset infrastructure for regulated financial applications, has announced an extension to its seed funding round. The new capital will be used to accelerate the development of its secure, locally-hosted blockchain solutions.
New and Existing Investor Support
The extension round follows a previously announced seed investment led by Core Vision and Avalanche. This latest injection of capital welcomes new strategic investors, including Wa’ed Ventures, Sanabil 500, KAUST Innovation Ventures (KIV), and Plus VC, signaling strong confidence in Oumla’s mission to build a robust digital asset ecosystem within the Kingdom.
Mohammed Aljasser, CEO and Founder of Oumla, commented on the new partnerships, stating, “We are delighted to welcome investors with such a strong track record and expertise. This support accelerates our mission to build a secure infrastructure hosted in Saudi Arabia, enabling organizations to adopt digital assets safely with clear governance and regulatory compliance.”
Accelerating Sovereign Infrastructure
The funds are earmarked to enhance Oumla’s core infrastructure, focusing on secure key management, portfolio and transaction operations, and advanced governance controls tailored for corporate and public sector clients.
A key priority for the investment is the deployment of private blockchain networks that are both hosted and operated within Saudi Arabia. This strategy directly supports the Kingdom’s data localization requirements and enhances operational sovereignty, ensuring that sensitive financial operations meet national standards for security and control.
Aljasser added, “As this sector accelerates, it is critical that these capabilities are built and managed locally within the Kingdom. We will continue to work closely with regulators, financial institutions, and our public sector partners to ensure the highest standards of compliance and operational control.”
Strategic Expansion into Finance and Real Estate
With the fresh capital, Oumla aims to deepen its partnerships with banks, financial institutions, and government entities. The company plans to expand the use of blockchain technology in high-value sectors, including finance and real estate, with a focus on developing applications such as Sharia-compliant repo operations and the tokenization of real estate assets.
About Oumla
Oumla is a Saudi company building institutional-grade infrastructure for digital assets. The company works with leading organizations in the region to enable secure, scalable, and compliant digital asset operations. Its offerings include tokenization-ready architecture and permissioned private networks designed to serve banks, corporations, and public sector initiatives.
Source: Jawlah
