Kenya Partners with Canadian Firms to Launch Blockchain-Powered Digital Exchange
04/22/25, 8:25 PM
Location
nairobiIndustry
lending
marketplace
fintech
finance
financial services
Type
partnership
Kenya's Nairobi Securities Exchange (NSE) has formed a strategic partnership with three Canadian companies—DeFi Technologies, SovFi, and Valour Inc. to establish the Kenya Digital Exchange (KDX). KDX aims to modernize Kenya's financial infrastructure by enabling the tokenization of various asset classes and leveraging blockchain technology.
Company Info
Location
nairobi, nairobi county, kenya
Additional Info
The Nairobi Securities Exchange (NSE) is the principal stock exchange of Kenya. It provides a platform for the listing and trading of securities such as equities, bonds, exchange-traded funds (ETFs), and derivatives. The NSE plays a crucial role in the country's financial market by facilitating capital formation, promoting investment opportunities, and providing a regulated marketplace for securities trading.