đ MAROKO133 Breaking crypto: Tokenization Platform Libeara Partners With GFX to Dr
Ghana-based brokerage firm GFX has entered into a strategic partnership with Libeara, a regulated tokenization platform backed by Standard Chartered Ventures, to explore the tokenization of government-issued financial instruments and expand access to high-quality investments across Africa.
The announcement, made today at the Singapore FinTech Festival, is a step forward in the continentâs efforts to democratize access to financial markets.
For millions of Africans, investing in their own countryâs developmentâthrough instruments such as government bondsâremains out of reach. Minimum investment thresholds are often too high, effectively limiting participation to institutions and wealthy people.
This exclusion prevents citizens from accessing stable savings products and wealth-building opportunities that are commonplace in more developed markets.
Breaking Barriers Through Tokenization
The challenge is rooted in the operational realities of emerging markets, where the cost of managing thousands of small retail accounts can outweigh the benefits for governments focused on raising capital quickly and efficiently. As a result, states have historically taken an âinstitutional-firstâ approach, setting minimum ticket sizes that inadvertently shut out everyday savers.
Tokenization offers a breakthrough. By representing government bonds and similar instruments as digital tokens on a blockchain, Libearaâs technology allows automated settlement, compliance, and transaction workflows through smart contracts.
This dramatically cuts administrative overhead, reduces counterparty risk, and accelerates reconciliation. Lower operational costs mean governments can reduce minimum investment sizesâopening the door for retail participation at scale.
âOn a continent where the majority of savings remain outside the traditional financial system, our mission is to create a new bridge: one where anyone with a smartphone and five dollars in their pocket can invest in their nation’s future with dignity,â said Joe Anka, CEO of GFX.
Assets issued under the new partnership will leverage Libearaâs infrastructure, which currently supports more than US$1 billion in regulated real-world assets on-chain.
Bringing Real-World Assets On-chain, Safely and Securely
âLibeara is bringing real-world assets on-chain one step at a time, in a safe and compliant manner, and we are proud to make headway into the African continent through this initiative,â said Aaron Gwak, Founder and CEO of Libeara.
âThis partnership highlights the importance of tokenization serving real-world needsâenabling financial inclusion in underserved markets. Access to stable, high-quality financial instruments should not be the privilege of the few, but a fundamental right for all, so that everyday Africans can own a piece of their nationâs economic future,â he added.
Regulatory Foundations Strengthening in Ghana
Ghanaâs regulators are laying the groundwork for innovations like this to scale. The forthcoming Virtual Asset Services Providers (VASP) Bill will create a comprehensive framework for overseeing digital asset activities and tokenized instruments. Joint supervision by the Bank of Ghana and the Securities and Exchange Commission of Ghana will ensure that innovation unfolds in a safe, controlled, and investor-protected environment.
Until the new regime takes effect, the Bank of Ghanaâs regulatory sandbox offers a supervised space for testing blockchain-based financial services under real market conditionsâallowing firms like GFX and Libeara to validate new models responsibly.
Ghana Says Crypto Regulation Coming
In October, Ghanaâs central bank pledged to regulate cryptocurrencies by December 2025, despite not yet hiring the staff needed to enforce the rules.
Bank of Ghana Governor Johnson Asiama announced the ambitious timeline at the International Monetary Fundâs fall meetings in Washington on Thursday, promising parliament will receive a virtual assets bill before year-end.
The announcement addresses a regulatory void in a country where approximately 3 million adults, roughly 17% of the population, actively use digital currencies for payments, savings, and remittances.
Crypto transactions in Ghana totaled $3 billion between July 2023 and June 2024, representing strong economic activity occurring beyond traditional banking oversight.
The post Tokenization Platform Libeara Partners With GFX to Drive Pan-African Financial Inclusion appeared first on Cryptonews.
đ Sumber: cryptonews.com
đ MAROKO133 Hot crypto: Crypto most âfearfulâ since March as Bitcoin eyes one-year
Bitcoin and crypto market sentiment hit seven-month lows, with the BTC price still above $100,000, while gold and silver received a post-shutdown boost.
đ Sumber: www.cointelegraph.com
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