According to StockMKTNewz, Nvidia ($NVDA) unveiled several new strategic partnerships with Saudi Arabia on May 13, 2025. These collaborations focus on advancing AI infrastructure and semiconductor development in the region, with the Saudi government and major Saudi tech firms as primary partners (Source: StockMKTNewz, Twitter). The expansion of Nvidia's AI footprint in the Middle East is expected to drive increased demand for GPU resources, which historically correlates with price movements in AI-linked cryptocurrencies such as Render (RNDR) and Akash Network (AKT). Traders should monitor related crypto assets and AI tokens for heightened volatility following this announcement, as regional investments in AI infrastructure may boost blockchain adoption and decentralized compute markets.

According to Coinbase International Exchange, they will add support for Akash Network, Zcash, and Moonwell perpetual futures on both Coinbase International Exchange and Coinbase Advanced. The AKT-PERP, ZEC-PERP, and WELL-PERP markets are set to open on or after 9:30 am UTC on March 27, 2025. This development could increase liquidity and trading volumes for these assets as traders leverage new futures markets to hedge or speculate on price movements.