The native Crypto Exchange Yellow Card, based in Nigeria secured funding from big players in the industry and others innovational and enterpreneurs firms such Venture Capital Andreesen Horowitz, which will boost the presence of the exchange in the African continent.
This seed funding will surely help the exchange based in Nigeria, the most active country on the African continent when it comes to buy and sell digital assets, to grow their tentacles and reach more places in the African soil that need transactions in platform that can fulfill their desires across the "cradle of humanity" land, such as South Africa and Botswana where the exchange have dominant presence.
Africa have a great presence in crypto and people only got more knowledge about bitcoin, with seeding like this, which growing exchanges to expand across the continent will definitely make more awareness about many more decentralized assets to be negotiate.
When some people still thinking that Africa have somehow got lost deep in the continent, as many projects have been created outside the continent the firms who can secure this market will definitely grant big returns in near future.
Africans are investing each time more in Cryptocurrency which could be justified by the high level of unemployment, high rate in social unequalled living style, which composed by majority of youth in the all continent with more than 1.2B people, with most of them unbaked crypto can be the fuel that will determine the new explosion of new Crypto wealthy people coming from the continent, time will tell!
Africa is raising interest in Cryptocurrency and just matter of time to become a Hotspot in the crypto space.
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Very well. It is exactly, what the people there needed. Crypto will boom. in Africa.