Uganda Unleashes $5.5B Tokenization Push and CBDC Pilot as Kenya Finalizes Crypto Bill

Uganda has launched one of Africa’s most ambitious blockchain initiatives to date, a $5.5 billion real-world asset tokenization project paired with the country’s first central bank digital currency (CBDC) pilot. The new initiative, led by the Global Settlement Network (GSN) and Uganda’s Diacente Group, will bring $5.5 billion worth of physical infrastructure assets on-chain. The tokenized portfolio will span sectors such as food production, mining, renewable energy, and trade. The rollout includes a pilo ...