Singapore crypto firm to expand Web3 space into Nigeria

Bitlink Exchange, a Singapore-founded crypto exchange trading platform, has expanded its operations into Africa, focusing on Nigeria with plans to spread into other African countries this year.

The move is predicated on its mission to deepen Web-3 adoption by leveraging cryptocurrency innovation and blockchain solutions starting with the Nigerian ecosystem.

Jearon Wong, co-founder and CEO who spoke at the official launch in Lagos, said Bitlink is in Africa to sustainably explore and deploy Web3 boundless opportunities for the continent’s benefits.

Wong said though now in Hong Kong, the trading platform’s team consists of top global financial professionals and blockchain technology experts tasked with providing global users with secure, efficient, and comprehensive trading services.

“Our plan for the African market is long term, to expand the space and make cryptocurrency knowledge available to all, we will partner with people in the ecosystem to educate more persons about Web3 and make our process seamless,” he said.

By establishing roots in Nigeria, as a start before expanding to other African countries, he stated that Bitlink aims to directly engage with the local communities by fostering a collaborative environment that facilitates innovation, education, and adoption of decentralised technologies.

Jasper Stevens, regional manager, Bitlink Africa, said by unveiling their decentralised digital future, the launch marked a pivotal moment for the cryptocurrency community in Nigeria and Africa.

Stevens said with a steadfast commitment to Web-3 messaging, Bitlink aims to catalyse the shift toward a more inclusive, private, and user-centric era under a decentralised system.

“It is widely acknowledged that Web-3 technologies have the potential to bridge existing gaps in financial access and provide opportunities for individuals who are traditionally excluded from mainstream financial systems.

“Bitlink is thus committed to creating a user-friendly platform that facilitates easy and secure access to cryptocurrency, fostering economic inclusion across diverse demographics in Nigeria and the African continent,” he added.