Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Seeking Alpha 2022-03-16 21:45:14

Crypto exchange FTX expands in Africa after deal with Kenya payments firm: Bloomberg

Cryptocurrency exchange FTX (FTT-USD) has expanded its footprint in Africa after partnering with Kenya-based payments firm AZA Finance, Bloomberg reported Wednesday, citing a joint statement. Founded in 2013, AZA offers services such as Treasury functions and payments in 10 African countries. Meanwhile, FTX and AZA are planning to build virtual infrastructure to link African markets to the global web3 economy, Bloomberg noted. The companies said they will also provide African and crypto pairs and expand trading in non-fungible tokens, Bloomberg added. Earlier in March, FTX shifted to Stripe for payments and identity verification.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.