Nigerian digital asset platform Roqqu has launched a tokenized stock feature, marking a strategic expansion from a cryptocurrency-focused exchange into a broader global investment platform.
The new functionality allows users to trade tokenized representations of traditional equities, integrating them with the platform's existing crypto markets.
The move aligns with a wider industry trend where digital asset platforms are increasingly bridging the gap between decentralized finance and traditional equity trading.
By utilizing single order book systems for underlying shares, these platforms aim to offer seamless access to global markets for retail investors who may face barriers to entry in conventional brokerage accounts.
Roqqu's expansion comes as competitors in the region and beyond test similar models.
PT Pintu Kemana Saja, an Indonesian digital asset platform regulated by the Financial Services Authority (OJK), has recently reported significant increases in trading volumes for tokenized assets, particularly those based on exchange-traded funds.