Two fintech companies, Xend Finance and Risevest, have launched a new platform offering tokenized stocks to African investors. This breakthrough allows individuals to invest in global markets with low entry costs. By leveraging stablecoins like USDT and USDC, users can begin investing as little as $5. 🤯 This initiative aims to lower barriers to investment for African audiences while expanding their access to diverse global asset classes. 🌎 Xend Finance, backed by Binance, and Risevest, a wealth management firm, collaborated on the project, enabling fractional asset ownership through Eke Urum’s leadership. The move also marks an exciting step forward in Web3 adoption within Africa, mirroring initiatives from projects like LIDO NATION and Empowa, which aim to empower local economies via blockchain technology. 🤝 This launch could pave the way for new economic activities with sustainable growth, fueled by digital asset investments and increased blockchain usage across the continent.