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Tokenization will drive the next $10 trillion in on-chain assets, based on Roqqu Chief Executive Officer Eseoghene Onomor, because the digital asset firm works to construct infrastructure that would join Nigerian shares with buyers throughout world markets.
The firm says it’s wanting past cryptocurrency buying and selling to develop expertise and distribution channels that would make Nigerian equities extra accessible by means of blockchain-based mostly monetary infrastructure.
The Dangote Refinery preliminary public providing (IPO) has renewed consideration on the dimensions of funding alternatives in Nigeria.
However, Roqqu says its broader ambition is to develop entry to domestically issued assets past Nigeria’s borders by growing digital channels by means of which world buyers may take part within the home capital market.
From stablecoins to tokenized assets
According to the corporate, monetary markets have moved from paper certificates to digital file-holding techniques, bettering how securities are recorded, managed and transferred.
It added that tokenization represents one other stage on this evolution by utilizing blockchain infrastructure to create digital representations of assets.
The firm says stablecoins, which characterize fiat currencies such because the US greenback as digital tokens, have emerged as a longtime use case for tokenization, permitting worth to maneuver throughout blockchain networks and combine with digital monetary providers.
- “Tokenization is what will drive the next $10T on-chain,” Onomor stated.
He famous that for Nigeria, tokenization may create extra channels for home companies to draw funding and allow buyers outdoors the nation to entry domestically issued monetary assets.
Targeting the Nigerian inventory market
Roqqu says it has expanded its digital monetary providers by means of stablecoin fee infrastructure, zero-fuel-charge withdrawals throughout supported networks and entry to tokenized world shares by means of partnerships with established issuers corresponding to Ondo Finance.
The firm is now seeking to prolong that mannequin to Nigeria’s home capital market.
Emmanuel Peter, Roqqu’s Head of Trading and Markets, stated the corporate was growing the infrastructure required to attach Nigerian equities with a extra accessible digital monetary system.
- “We are building the technology and distribution layer that brings Nigerian stocks into a more digital, accessible and programmable financial system for everyone,” Peter stated.
He added that the corporate’s ambition extends past particular person inventory listings to the expertise, distribution channels and institutional relationships wanted to attach conventional finance with blockchain-based mostly infrastructure.
- “We will tokenize the entire Nigerian stock market,” Peter stated.
If applied, the initiative may create extra digital channels for Nigerian and worldwide buyers to entry home equities, whereas offering monetary establishments and expertise corporations with infrastructure to develop providers round tokenized assets.
However, making Nigerian shares obtainable by means of blockchain infrastructure would depend upon the relevant regulatory framework, the construction of the tokenized merchandise and the preparations for investor possession, buying and selling and settlement.
Building African-owned monetary infrastructure
The alternative, based on Roqqu’s imaginative and prescient, extends past particular person shares to the event of domestically constructed expertise that would join African monetary markets with world funding networks.
The firm is positioning itself to maneuver past crypto buying and selling in the direction of a broader monetary ecosystem the place customers can entry digital assets, shares and different monetary merchandise by means of one platform.
Its longer-time period ambition is to ascertain a two-means connection between world and African markets: giving African buyers entry to worldwide monetary alternatives whereas creating channels by means of which Nigerian assets may attain buyers worldwide.
Such infrastructure may develop into more and more vital as monetary establishments and expertise corporations discover how tokenization can assist asset distribution, possession and settlement.
SEC faces calls to speed up tokenization guidelines
Roqqu’s plans come as Nigeria’s regulatory framework for digital assets and tokenization continues to develop.
- Earlier this week, Senator Osita Izunaso, Chairman of the Senate Committee on Capital Market and Institutions, called on the Securities and Exchange Commission (SEC) to accelerate regulations for digital assets and tokenization, warning that delays may trigger Nigeria to overlook rising funding alternatives.
- His feedback got here after the Investments and Securities Act 2025 recognised digital assets, alongside the SEC’s subsequent proposals for regulating actual-world asset tokenization platforms.
- Izunaso questioned Nigeria’s readiness to compete within the worldwide tokenization market and argued that clearer regulatory preparations had been wanted to assist funding alternatives.
The improvement of a framework that addresses investor safety, asset possession, disclosure and buying and selling could be vital to the growth of tokenized securities in Nigeria.
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