A new report titled “The Rise of OTC and Stablecoins: Africa’s Quiet FX Revolution” sheds light on a transformative shift in how cross-border transactions are conducted across Sub-Saharan Africa. The findings reveal a surge in the adoption of stablecoins and over-the-counter (OTC) cryptocurrency trading, signaling a major evolution in the region’s financial landscape.

Hex Trust, a leading digital asset financial institution specializing in custody, staking, and markets services, has announced support for Etherlink, a high-performance, EVM-compatible Layer 2 network built on Tezos. As part of the integration, Hex Trust now offers custody support for xU3O8, a tokenized uranium asset issued on Etherlink, reinforcing its commitment to the real-world asset (RWA) ecosystem.

Avalanche, the world’s leading smart contract platform announced today that it has partnered with Quboid, a leading blockchain-based loyalty and customer engagement platform. The partnership leverages Avalanche's renowned high performance and latest technological advancements to offer enhanced scalability, security, and decentralization for enterprise loyalty programs. The move marks a major milestone in Avalanche's mission to make the loyalty economy more decentralized and practical for businesses and consumers alike.

Clearpool, an onchain credit marketplace, has announced a strategic partnership with Cicada Partners, an onchain credit risk advisory and management company. As part of the collaboration, Cicada will structure and underwrite PayFi lending opportunities for select borrowers, manage their Credit Pools through Clearpool’s Port Vaults, and serve as the administrative and monitoring agent on behalf of lenders.

CoinGate will implement Flagright’s real-time AML screening and case-management solutions to reinforce its regulatory controls

Akurateco, a cutting-edge white-label payment software provider, has announced a new integration with Whitepay, a leading cryptocurrency payment gateway. This collaboration allows all Akurateco customers – ranging from payment providers to acquirers and enterprise merchants – to start accepting crypto payments from their end users, offering new levels of flexibility at checkout.

Animoca Brands and Provenance Blockchain Labs (ProvLabs), today announced they have formed a strategic partnership to co-develop NUVA, a vault marketplace that connects real-world asset (RWA) issuers with investors.

MetaMask, the world’s leading self-custodial web3 wallet developed by Consensys, today announced a strategic integration with Sei, a fast-growing Layer-1 blockchain platform. This development brings native support for the Sei network into MetaMask, enabling MetaMask’s users to seamlessly access Sei’s ecosystem of decentralized applications (dapps) and Sei-native assets from within their wallet. By adding Sei to its list of supported networks, MetaMask expands its cross-chain interoperability and continues its push toward an inclusive, multi-chain user experience, with now 11 chains integrated.

Bitpanda, Europe’s leading crypto platform, has reported its most successful financial year to date. In 2024, the company generated €393 million in operating revenue - more than double the previous year’s result. Adjusted EBITDA rose more than fivefold and pushed the company’s EBITDA margin above 30%. This marks a milestone year in terms of profitability, scalability, and sustainable growth.

Superp, the on-chain perpetual DEX trusted by over 6 million users, today officially launched its native token $SUP on August 5 2025, at 11:00 AM UTC. The token will be listed on Binance Alpha, Bitget, KuCoin, and MEXC, with additional exchange listings to follow.

Alpen Public Testnet is now live, a major step toward bringing Bitcoin's own financial system online.

BingX, a leading cryptocurrency exchange and Web3 AI company, announced the first anniversary of BingX Labs, its dedicated investment and incubation arm. Over the past year, BingX Labs has established itself as a key strategic investor, partner, and developer ally, driving innovation at the intersection of Web3, AI, and decentralized finance.

Bitcoin ended July with a record monthly close of $116,480, driven by continued institutional interest — particularly from spot exchange-traded funds (ETFs) and corporates treating bitcoin as a strategic reserve asset.

Shiga Digital (https://Shiga.io), a rapidly growing blockchain-based fintech company, is transforming how African businesses access modern financial services. Today, the company announced the launch of its new Android and iOS apps, expanding access to its end-to-end digital finance platform for businesses and individuals across the continent.

TOA Labs, a technology-driven market-making firm, and Argamon, a trusted institutional digital asset platform, have announced a strategic partnership set to redefine standards for institutional crypto trading and liquidity.