Libeara, a tokenization platform backed by Standard Chartered Ventures, has partnered with Ghana-based brokerage firm GFX to enhance financial inclusion across Africa. Announced at the Singapore FinTech Festival, the collaboration aims to tokenize government-issued financial instruments, making high-quality investments more accessible to retail investors. This initiative will leverage blockchain technology to lower administrative costs and facilitate participation in government bonds.
The partnership will utilize Libeara's infrastructure, which currently supports over $1 billion in regulated real-world assets on-chain. Additionally, Ghana's regulatory bodies are developing a framework for digital asset activities, with the Bank of Ghana planning to regulate cryptocurrencies by December 2025.
Libeara and GFX Partner to Boost Financial Inclusion in Africa
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