ACET (ACT), a globally recognized blockchain-powered digital asset, has entered into a significant Memorandum of Understanding (MOU) with Saif Belhasa Holding (SBH), a major business conglomerate in the Middle East and UAE. This collaboration aims to integrate ACET (ACT) into financial transactions across multiple industries within SBH’s expansive business network, positioning the asset as a key player in the region’s evolving digital economy.
Since the implementation of pro-crypto policies under the administration of former U.S. President Donald Trump, ACET (ACT) has experienced a dramatic increase in value, with its price surging by over 100%. This upward trend reflects growing market confidence and wider acceptance of blockchain-based financial solutions.
Strategic Collaboration with Multi-Billion-Dollar Implications
The agreement, formalized on February 13, 2025, signifies a major achievement for both ACET (ACT) and SBH. Under the leadership of Dr. Saif Ahmad Belhasa, SBH operates an extensive portfolio that includes real estate, construction, automotive, retail, education, and financial services. The corporation boasts a valuation surpassing $5 billion USD, further underscoring the potential impact of this partnership.
The collaboration is structured around a three-year plan designed to position ACET (ACT) as an essential financial instrument within SBH’s ecosystem. Key areas of focus include:
Real Estate: The asset will facilitate transactions in the luxury real estate market, with plans to implement NFT-based property tokenization, allowing fractional ownership opportunities.
Automotive Industry: Customers will have the ability to purchase and lease high-end vehicles from SBH-affiliated dealerships using ACET (ACT), along with options for crypto-backed financing.
Retail & Hospitality: Various SBH-owned businesses, including malls, hotels, and restaurants, will begin accepting ACET (ACT) as a payment method, offering exclusive privileges and discounts for token holders.
Financial Services: The agreement includes the introduction of blockchain-powered financial products, such as staking, lending, and investment funds tailored to institutional investors and family offices.
Smart Contracts & AI Integration: The asset will be embedded into SBH’s financial framework to enable automated transactions, asset transfers, and AI-powered business solutions.
Institutional and Regulatory Expansion: Efforts are being made to align the initiative with UAE’s financial regulations, aiming for approval from Dubai’s Virtual Asset Regulatory Authority (VARA) and Abu Dhabi Global Market (ADGM).
Following the announcement of the MOU, global crypto investors and influencers have expressed strong enthusiasm for the partnership, viewing it as a transformative step toward greater adoption of real-world-asset (RWA) crypto solutions. Market sentiment has remained overwhelmingly optimistic, with related hashtags such as #iHoldACT, #ACTxSBH, #ACTRWA, and #ACT100X gaining significant traction across online discussions.
Industry Leaders Highlight the Importance of the Agreement
The founder of ACET (ACT), Acme Worawat, known as one of Asia’s most prominent Bitcoin holders, has underscored the strategic importance of this partnership. He has indicated that the collaboration will enable ACET (ACT) to become an integral part of the UAE’s digital economy. Additionally, he has noted that SBH’s expansive global reach provides ACET (ACT) with an opportunity for exponential growth beyond the Middle East, accelerating mainstream adoption of cryptocurrency worldwide.
Dr. Saif Ahmad Belhasa, Chairman of SBH, has emphasized the significance of this agreement for the company’s future. He has highlighted that this initiative represents a substantial move toward blockchain-based finance, reinforcing SBH’s position as a leader in digital payment solutions. Furthermore, he has pointed out that ACET (ACT) will be officially incorporated into SBH’s financial ecosystem, advancing the adoption of cryptocurrency as a mainstream financial instrument both in the UAE and internationally.
With this collaboration, ACET (ACT) and SBH are poised to redefine digital finance in the region, demonstrating the increasing relevance of blockchain technology in traditional industries. As developments unfold, this partnership is expected to serve as a model for further blockchain integration across global business sectors.
