The partnership aims to reduce fragmentation in European capital markets by enabling blockchain-based settlement of tokenized securities.

The crypto brokerage said increasing demand across West Africa is driving its expansion as user activity grows across the Sub-Saharan region.

A pilot involving the central bank and major financial institutions tested whether distributed ledger infrastructure could streamline bond issuance, trading and settlement.

The new onchain trading engine from the xStocks platform enables trading of more than 70 tokenized equities across Ethereum and Solana.