Discovery Bank & Luno Bring Digital Assets to Traditional Banking
- Discovery Bank becomes the first bank in Africa to offer crypto asset trading through its mobile banking app.
- The partnership with Luno will launch in December 2025, allowing clients to trade and track crypto assets like Bitcoin and Ethereum.
- Clients can buy, hold, and sell more than 50 crypto assets directly through the Discovery Bank app.
The collaboration between Discovery Bank and Luno represents a pivotal moment for the financial landscape in Africa, potentially setting a precedent for other banks to follow. However, it will be crucial to monitor how this integration impacts user adoption and regulatory compliance in the long term.
