Saudi Blockchain Business Registrations Surge 51%, Reaching 4,005 Firms
Saudi Arabia is accelerating its position as a regional technology powerhouse. With over 4,000 blockchain companies now registered, the Kingdom saw a 51% year-on-year increase in Saudi Blockchain Business Registrations by Q2 2025. This dramatic rise reflects not only Riyadh’s dominance in tech adoption, but also a growing influx of foreign investors, gender diversification among license holders, and interconnected growth in AI and cloud services, all fueled by economic reforms under Vision 2030.
This article examines the geographic concentration of these registrations, the role of legal reforms in simplifying business setup, how foreign and female entrepreneurs are reshaping participation, and the link between blockchain’s rise and parallel growth in advanced technologies like artificial intelligence.
Riyadh Dominates with Over 2,400 Blockchain Registrations
Of the 4,005 blockchain companies now officially registered across the country, Riyadh accounts for 2,463. That’s over 60% of the total. Makkah followed with 806 registrations, the Eastern Province with 430, Medina with 104, and Al-Qassim with 51. The capital’s overwhelming lead demonstrates not only concentrated infrastructure investment but also its role as the launchpad for broader tech sector expansion.
Regulatory Reforms Fuel 38% Rise in Foreign Investor Activity
Saudi Arabia’s updated Commercial Register Law and Trade Names Law have made business setup more efficient, allowing companies to operate nationwide with one unified license. As a result, foreign and GCC investor participation in commercial activity rose 38% in Q2 2025. Over 38,000 foreign nationals and 31,000 GCC investors established businesses in Saudi Arabia, with many aligned with blockchain, fintech, and digital services.
Women Represent Nearly Half of Q2 2025 Commercial Licenses Across Sectors
In a landmark shift, women accounted for 49% of all new commercial licenses issued across Saudi Arabia in Q2 2025. While this figure applies to overall registrations and not exclusively to blockchain, it reflects a growing trend of female participation in high-growth digital sectors such as fintech, artificial intelligence, and blockchain. This figure indicates not just increased entrepreneurial participation by women, but a cultural evolution within industries like blockchain and cryptocurrency traditionally dominated by men.
AI and Cloud Infrastructure Drive Blockchain Ecosystem Growth
The surge in Saudi Blockchain Business Registrations coincides with significant growth in AI and data technologies. Riyadh reported 8,909 AI-related commercial licenses and 3,775 cloud data companies in Q2. This convergence of sectors signals the emergence of integrated digital ecosystems designed to support enterprise blockchain solutions, decentralized finance platforms, and advanced analytics tools.
Strategic Implications for Saudi Arabia’s Tech Future
The Saudi Blockchain Business Registrations boom showcases a maturing digital landscape guided by bold policymaking and growing global appeal. These developments are more than statistical milestones, they mark a shift in how the Kingdom seeks to compete in digital innovation, pulling together talent, capital, and infrastructure into a unified transformation narrative.
Also Read: AI Innovations to Drive 12.70% Saudi Digital Banking Expansion
