#Plume Network #Nigeria #Lagos #DeFi #Busha

Busha and Plume Network Join Forces for Enhanced Financial Opportunities in Nigeria

In a major development for Nigeria's digital finance landscape, Plume Network has teamed up with Busha, the country's first SEC-licensed digital asset exchange, to roll out innovative on-chain yield solutions to its users. This collaboration aims to facilitate robust and secure financial growth opportunities, benefiting nearly one million users in one of the world’s fastest-growing economies.

Driving Financial Innovation in Africa's Largest Economy

Busha has distinguished itself within Nigeria's digital finance ecosystem, having processed over 7 million trades and $3.5 billion in transactions. The platform's rapid growth, doubling its transaction volumes annually, showcases the rising demand for effective digital financial solutions. Notably, Busha also supports major international companies like Starlink, which gives it a prominent position in the market.

Plume Network's partnership with Busha is particularly noteworthy as Plume aims to bring decentralized financial services to those who may not be familiar with cryptocurrency. By teaming up with a leading player in Nigeria, Plume is poised to impact the local market positively.

Introducing the Plume Nest on Busha

With Plume Nest, the flagship yield platform of Plume Network, users will encounter a system designed to offer competitive returns on stablecoins and digital assets. This integration allows Busha users to benefit from the efficiency of decentralized finance without requiring specialized knowledge or training. Key features of the partnered platform include:

• - Access to competitive, transparent yields: Users can earn returns directly through the Busha application while maintaining transparency.
• - Enhanced security: With the advanced on-chain technology, users can have peace of mind regarding the integrity of their investments.
• - Seamless experience: The functionality incorporated into Busha’s app allows users to easily manage and grow their wealth in a trusted environment.

A Shared Vision for Financial Inclusion

Emerging markets like Nigeria are often at the forefront of adopting disruptive financial technologies like blockchain, primarily because of the compelling need for enhanced financial solutions. Access to high-quality investment products is more limited in these regions compared to developed nations. Therefore, innovative financial tools are critical for facilitating economic empowerment.

Chris Yin, the CEO of Plume Network, articulated the company's mission: “At Plume, our focus is on building connections between the global decentralized finance ecosystem and local markets where it can create the greatest impact. Our partnership with Busha embodies this vision, enabling us to provide millions across Africa with transparent, secure, and growth-oriented financial tools.”

About Plume Network

Plume Network stands as an essential figure in the blockchain space, being the first fully-integrated Layer 1 modular blockchain emphasizing Real World Asset Finance (RWAfi). The platform supports over 180 projects and streamlines the onboarding process for diverse real-world assets. It offers an end-to-end tokenization engine along with a network of financial infrastructure partners, facilitating seamless integration of decentralized finance solutions.

About Busha

Busha, as a pioneering SEC-licensed digital asset exchange and neo-banking application in Nigeria, serves close to one million users. With significant backing from top-tier investors and an impressive growth trajectory, Busha is at the forefront of promoting financial inclusivity in Africa through advanced digital solutions.

As this collaboration unfolds, it signifies an exciting new chapter for financial services in Nigeria, illustrating the profound potential of technology in driving financial inclusion in emerging economies.