In Africa crypto news this week, Discovery Bank partners with crypto exchange Luno. This will allow users to trade directly on their banking app. In Nigeria, exchange startup Obiex has reportedly entered profitable territory after a bootstrapping and focus restructuring exercise. Meanwhile, in Ghana, GFX, a brokerage firm, is partnering with the Singaporean tokenization platform Libeara to enable the tokenization of government bonds. DISCOVER: 20+ Next Crypto to Explode in 2025 So, let’s look at these s ...

Group 1 - Ondo Global Markets has successfully onboarded over $300 million worth of stocks and ETFs onto the blockchain within one month of its launch, indicating strong accumulation signals despite a generally bearish crypto market in September [1][2][5] - The company has established itself as a leader in bond tokenization, with a fund scale of approximately $1.4 billion, ranking second in the market after Securitize [2][3] - Ondo holds a significant market share with 103 tickers, while Securitize, in second place, has nearly $250 million but only offers a single ticker [3] Group 2 - The rapid achievement of the $300 million milestone is notable, especially as many other players in the Real World Asset (RWA) sector remain focused on credit or treasuries rather than equities [4] - September has been characterized as a bullish month for ONDO in terms of fundamentals, with increasing institutional inflows and a growing range of tokenized equities [5] - Technical analysis suggests that ONDO may be entering a strong accumulation phase, with potential gains projected at up to 70% if a breakout occurs [6][7] Group 3 - Key support levels for ONDO are identified between $0.84 and $0.86, with a potential retest of all-time highs (ATH) around $0.95 to $1.00 [7] - A daily close below $0.84 could invalidate the current accumulation structure, leading to lower price levels between $0.71 and $0.67 [8]