Blockchain.com bets on tokenised stocks as Nigerians chase dollar stability
- Blockchain.com has launched tokenized U.S. stocks in Nigeria through Ondo Finance.
- Users can buy shares of Apple, Tesla, and Alphabet directly from their crypto wallets.
- The launch follows Blockchain.com's opening of a physical store in Nigeria, its fastest-growing market in Africa.
The introduction of tokenized stocks by Blockchain.com in Nigeria represents a significant evolution in the cryptocurrency landscape, catering to user demand for stability and diversification in investments. This shift could enhance the legitimacy of crypto platforms as they align more closely with traditional financial products, potentially attracting a broader audience. However, the long-term sustainability of this model will depend on regulatory developments and user adoption.
