Portal.xyz

A media publication covering blockchain news and stories across Africa.

[Portal.xyz @theviaportal]

Crypto Africa Weekly Recap ⚡️
Big moves last week — the @SECNigeria, @cenbank, and @officialEFCC are joining forces to tackle illicit crypto funds. @ihate1999 takes over as @btrustteam CEO at just 25, while Ghana finally approves its national virtual assets policy.

Catch full👇

[Portal.xyz @theviaportal]

South Africa’s FNB (@FNBSA) is officially entering crypto.

The bank has partnered with @VALRdotcom to let customers buy and sell crypto directly through its banking platform, with BTC, ETH, XRP, SOL and USDT currently available.

VALR is an FSCA-licensed Category I & II Crypto Asset Service Provider.

[Portal.xyz @theviaportal]

South Africa’s FNB (@FNBSA) is officially entering crypto.

The bank has partnered with @VALRdotcom to let customers buy and sell crypto directly through its banking platform, with BTC, ETH, XRP, SOL and USDT currently available.

VALR is an FSCA-licensed Category I & II Crypto Asset Service Provider.

[Portal.xyz @theviaportal]

Adeola Adesina (@deolarepublic), a deal flow partner at LvlUP, believes Lisk got its Africa strategy right despite eventually exiting the continent.

He argues that Lisk approached the market more like a venture capitalist than following the traditional “build on my chain” model.

“Africa is a very poor market for foreign blockchains to execute. No blockchain has made any serious money from transactions in Africa.”

[Portal.xyz @theviaportal]

Adeola Adesina (@deolarepublic), a deal flow partner at LvlUP, believes Lisk got its Africa strategy right despite eventually exiting the continent.

He argues that Lisk approached the market more like a venture capitalist than following the traditional “build on my chain” model.

“Africa is a very poor market for foreign blockchains to execute. No blockchain has made any serious money from transactions in Africa.”

[Portal.xyz @theviaportal]

@AbsaSouthAfrica becomes first African bank to offer digital asset custody. The move would allow its institutional clients hold and manage dodgital assst including Bitcoin (BTC) and Ethereum (ETH).

The bank has played a key role the South African Local stablecoin market as its holds the reserve for the Rand backed stablecoin ZARsc.

[Portal.xyz @theviaportal]

@AbsaSouthAfrica becomes first African bank to offer digital asset custody. The move would allow its institutional clients hold and manage dodgital assst including Bitcoin (BTC) and Ethereum (ETH).

The bank has played a key role the South African Local stablecoin market as its holds the reserve for the Rand backed stablecoin ZARsc.

[Portal.xyz @theviaportal]

ICYMI: @yellowcard_app has expanded its presence into North America with the launch of Alkepay, its wholly owned Canadian subsidiary.

[Portal.xyz @theviaportal]

ICYMI: @yellowcard_app has expanded its presence into North America with the launch of Alkepay, its wholly owned Canadian subsidiary.

[Portal.xyz @theviaportal]

@seunlanlege, CEO of @hyperfx_finance believes local stablecoins could play a critical role in cross-border value exchange, allowing currencies like Nigeria’s Naira and Ghana’s Cedi to exchange value without relying on the U.S. dollar as an intermediary.

“Stablecoins are zero gravity—they accelerate the movement of money. Whether local or USD-backed, stablecoins can make money more mainstream.”

[Portal.xyz @theviaportal]

@seunlanlege, CEO of @hyperfx_finance believes local stablecoins could play a critical role in cross-border value exchange, allowing currencies like Nigeria’s Naira and Ghana’s Cedi to exchange value without relying on the U.S. dollar as an intermediary.

“Stablecoins are zero gravity—they accelerate the movement of money. Whether local or USD-backed, stablecoins can make money more mainstream.”

[Portal.xyz @theviaportal]

In just nine months of 2026, @ObiexHQ recorded more than $4.71 billion in stablecoin deposits, surpassing the $3.5 billion recorded in all of 2025.

Since 2021, the company has recorded $11.07 billion in stablecoin deposits, as it expands its footprint into other African markets, per Afriflux.

[Portal.xyz @theviaportal]

In just nine months of 2026, @ObiexHQ recorded more than $4.71 billion in stablecoin deposits, surpassing the $3.5 billion recorded in all of 2025.

Since 2021, the company has recorded $11.07 billion in stablecoin deposits, as it expands its footprint into other African markets, per Afriflux.

[Portal.xyz @theviaportal]

LATEST🚨: After 7 years of operation and shutdown concerns, @Web3Bridge is launching a “Founders Residency” to build globally competitive, investable companies.

[Portal.xyz @theviaportal]

LATEST🚨: After 7 years of operation and shutdown concerns, @Web3Bridge is launching a “Founders Residency” to build globally competitive, investable companies.

[Portal.xyz @theviaportal]

ICYMI🚨: Out of 117 countries, Nigeria ranks 1st in both P2P and cross-border crypto activity, per Chainalysis.

[Portal.xyz @theviaportal]

ICYMI🚨: Out of 117 countries, Nigeria ranks 1st in both P2P and cross-border crypto activity, per Chainalysis.