The Financial Securities Exchange (Finsec) has completed development of a blockchain infrastructure platform designed to support the issuance, management and trading of tokenised real-world assets, according to a statement verified by web search. This marks a step in Zimbabwe's efforts to modernise its capital markets.
The platform aims to enable fractional ownership of assets such as real estate and commodities, potentially increasing market accessibility. Finsec has not yet announced a launch date for the platform.
Zimbabwe has been exploring blockchain technology to address economic challenges, including currency instability. The initiative aligns with broader trends in Africa where digital asset platforms are gaining traction.
