Tokenized Access to Global Markets in Africa

Xend Finance, a DeFi project supported by Binance and Google, is introducing a platform in Africa to provide tokenized access to worldwide real estate and stock markets. Risevest, a digital wealth management platform, is a key partner in this initiative, offering investors exposure to global markets. The platform enables users to invest in international real estate and stocks by purchasing fractional shares through tokenization, with a low entry barrier starting at $5 when using stablecoins like USDt and USDC. This collaboration aims to offer young Africans the opportunity to build wealth securely and transparently. The launch of this platform aligns with the growing interest in real-world tokenization projects in Africa. Xend Finance, established in Nigeria in 2019, operates on the BNB Smart Chain and is part of the thriving crypto adoption landscape in the region. Stablecoins and RWA tokenization are seen as key drivers for crypto adoption in Africa, providing practical solutions for businesses and individuals to access the global financial system. Read more AI-generated news on: https://app.chaingpt.org/news