Riyadh - Sharikat Mubasher: Oumla, a leading digital asset custody infrastructure provider in Saudi Arabia, successfully closed a $2.4 million seed round, led by Core Vision, with participation from Avalanche and several angel investors.

In a statement, Oumla revealed that it will use the new capital to expand its team and solidify partnerships with banks, regulatory entities, and government organizations in Saudi Arabia and the wider region.

Founded in 2022 by Mohammed Aljasser and Salah Al Salman, Oumla offers secure and scalable blockchain infrastructure for businesses, enterprises, and governments to manage digital assets with ease and compliance. It is designed to support digital asset operations across financial and enterprise use cases, providing secure environments for handling tokens and digital instruments.