Tokenization Platform Libeara Partners GFX to Drive Pan-African Financial Inclusion
Ghana-based brokerage firm GFX has entered a strategic partnership with Libeara, a Standard Chartered Ventures-backed tokenization platform, to explore the tokenization of government-issued financial instruments. The collaboration aims to democratize access to regulated financial products across Africa, addressing barriers like high minimum investment thresholds that traditionally exclude retail investors.
Announced at the Singapore FinTech Festival, the initiative targets Africa's underserved markets where administrative costs and institutional-focused debt issuance have limited public participation in sovereign investment opportunities. Tokenization could unlock savings, stability, and wealth creation for ordinary Africans while maintaining regulatory compliance.