Nigeria’s Crypto Future Still Cloudy Despite Tokenization Push

More than two years after clamping down on crypto trading, Nigerian authorities are mulling plans to roll out tokenized coins on exchanges. Tokenized coin offerings, a form of digital fundraising in which assets like real estate, stocks, and bonds are tokenized and sold on blockchain platforms, allow investors fractional ownership in the underlying asset. The new pilot involves the creation of a permissioned liquidity pool comprising tokenized bonds and deposits. “We always like to start, as a r