It also comes a few months after Binance’s sponsorship of AFCON, the largest international football championship in Africa, showing Binance’s commitment to driving blockchain adoption within the region.īinance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. He explained that while new institutional investors typically had rather large portfolios, most users have. Actually the average account size, we have not calculated because we have a long tail, he said.

Binance aims to build the fintech community across the Francophone Africa region, ensuring enthusiasts are empowered to build blockchain solutions and solve real-world problems.ĬZ’s visit comes a week after the announcement of Binance’s partnership with Senegalese Khaby Lame, the most-followed creator on TikTok. Regarding how average accounts sizes have changed on Binance, CZ admitted that he did not know exactly. The partnership will involve a monetary donation for community education workshops with an aim to increase blockchain literacy and skills. “Together, we will reinforce the region as a hub of blockchain innovation and entrepreneurship”, he said. Through this partnership, Binance will launch a blockchain awareness and education programme throughout communities in Francophone Africa.

“Africa is primed for crypto adoption as blockchain provides financial accessibility not currently available to lots of Africans”, CZ said.ĭuring his visit, CZ announced Binance’s partnership with Jokkolabs, one of Africa’s first social impact hubs. CZ’s stay in the region involved meetings with Alassane Dramane Ouattara, President of Ivory Coast and Macky Sall, President of Senegal, amongst others.Ĭhangpeng, known more commonly by his initials “CZ”, expressed the company’s commitment to collaborating with policymakers in Africa as well as highlighting blockchain’s importance to the financial economy. Changpeng Zhao, the founder and CEO of Binance, the world’s largest cryptocurrency and blockchain infrastructure provider, has recently visited Ivory Coast and Senegal as part of his tour to connect with Binancians across the world and collaborate with policymakers.

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