Xend Finance & Risevest Launch Platform for Africans to Invest in Global Real Estate & Stocks
Xend Finance, a Nigerian fintech startup backed by Binance and Google, has launched a new platform in Africa in partnership with Risevest. The platform offers tokenized access to global real estate and stock market today, aiming to overcome barriers to wealth building in Africa.
The platform, launched in 2025, enables users to invest in US-based tokenized equities and real-world assets (RWAs) using stablecoins like USDT and USDC. With a minimum investment of $5, it provides an affordable entry point to international markets.
Risevest, a digital wealth management platform, facilitated the launch by leveraging its recent broker-dealer license in the US. This partnership aligns with Risevest's mission to make investment opportunities more accessible to Africans, despite regulatory challenges on the continent.
Nigeria, home to both Xend Finance and Risevest, is the second-largest market globally for crypto adoption. Stablecoins play a crucial role in this ecosystem, offering a stable, dollar-based investment option that is scarce in Africa. The new platform aims to further accelerate crypto adoption by providing easier access to global financial markets.
The platform's use of real-world asset tokenization is a promising approach to addressing wealth-building barriers in Africa. By offering affordable access to global real estate and stock market today, it could significantly impact the continent's investment landscape. This launch is part of a growing trend of Web3 projects targeting Africa for real-world asset tokenization.
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