Hyro Exchange, a Ghana-based cryptocurrency trading platform, is planning to issue approximately 10% of its equity to attract foreign investment. This move follows a recent seed funding round that saw a local investment firm acquire a similar stake, boosting Hyro's valuation to several million dollars. The exchange aims to use the capital to accelerate its expansion in Ghana and key African markets. Hyro is part of Ghana's virtual asset trading pilot project, focusing on the growing demand for faster and cheaper cross-border payments in Africa, which is expected to drive cryptocurrency adoption.
Ghana's Hyro Exchange Seeks Overseas Investment for Expansion
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