FTX and AZA Finance have joined forces to further popularize cryptocurrencies, Web3 and NFTs among the African population. Cryptocurrency exchange FTX has collaborated with fintech firm AZA Finance to expand cryptocurrency adoption across Africa. In addition, the two entities will aim to connect the Web3 economy with the countries of the continent.
The partners outlined five key points they will focus on. First, they are committed to connecting African markets to the global web3 industry by building the necessary infrastructure. Second, FTX and AZA Finance will create channels to educate local users regarding Web3 and some networking opportunities.
Third, FTX said it will provide its platform to African consumers to enable them to transact in national currencies, including mobile money and local bank account integrations. Fourth, the collaboration will aim to develop African currency pairs and digital currencies. Going forward, the initiative will focus on non-fungible tokens by introducing NFTs and local artists to the wider population of the continent.
