Luno brings tokenised US stocks to Nigeria one month after South Africa launch
- Luno launched tokenised US stocks in Nigeria, one month after rolling it out in South Africa.
- Nigerian users can invest in 60 tokenised US stocks and ETFs for as little as ₦100 ($0.07).
- Luno introduced a staking product in Nigeria in July, allowing users to earn yields by holding cryptocurrencies.
Tech Labari - Sep 8, 2025
Luno Brings Tokenized Global Stocks to Nigeria
Luno has launched tokenized global stocks in Nigeria, enabling local investors to access major compa
Luno's entry into the Nigerian market with tokenised stocks represents a significant step towards democratizing access to global investments. However, the success of this initiative will depend on user trust and regulatory compliance, especially in a market already populated by established players. The potential for financial inclusion is promising, but Luno must navigate the challenges of skepticism and competition effectively.
