Group 1: Altvest Capital's Bitcoin Initiative - Altvest Capital plans to raise $210 million to establish a Bitcoin reserve treasury for its investors, following global trends set by companies like MicroStrategy and MetaPlanet [1][4] - The company aims to change its name to African Bitcoin Corp and position itself as a leader in Bitcoin investments across the continent [5][6] - CEO Warren Wheatley highlighted that traditional investment vehicles like pension funds cannot directly buy Bitcoin, but can gain exposure through Altvest's shares in a regulated manner [5] Group 2: Binance's Expansion in Africa - Binance has partnered with Zapper to enhance merchant payments in South Africa, allowing over 30,000 additional merchants to accept Binance Pay [2] - This partnership is part of Binance's strategy to expand its presence in the African market, which is crucial for its growth [2] Group 3: Luno Exchange's Tokenized Stocks - Luno Exchange has expanded its tokenized stock options to Nigeria, following a successful launch in South Africa [7] - The tokenized stocks include leading global companies like Tesla and Nvidia, addressing the need for easier investment access for individuals [8] - Luno Nigeria's CEO emphasized that this initiative allows people to invest in top global companies without the barriers of high costs and complex procedures [8]
Africa Crypto News Week in Review: Altvest Raises $210M To Buy Bitcoin, Luno Tokenized Stocks In Nigeria, Binance Partners With Zapper
Yahoo Finance·2025-09-14 09:15