PANews, June 23 – According to Bloomberg, Ghana-based cryptocurrency exchange Hyro Exchange is considering issuing an additional approximately 10% equity stake after completing a new seed funding round, in order to accelerate expansion in Ghana and key African markets. A local Ghanaian investment institution has recently acquired about 10% of the company’s equity, pushing its valuation into the millions of dollars. Hyro plans to sell an equal proportion of shares to overseas investors as part of its compliant expansion capital strategy. The platform has been selected for Ghana’s virtual asset trading pilot project , betting on Africa’s demand for faster, lower-cost cross-border payments to continue driving cryptocurrency adoption growth.
Ghana’s Local Crypto Exchange Hyro Plans Further Financing to Attract Overseas Capital
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Author: PA一线
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