The mobile application blink by Emtel now allows users to invest in the stock market and virtual currency through the African platform MINDEX. Users can manage a virtual portfolio consisting of assets listed on the stock market and digital currencies, including digital currency projects of African central banks.
Transactions via the Emtel application are instant, catering to over 70% of high net worth individuals who have invested in digital assets internationally, with 90% of them being under 40 years old. The partnership between Emtel and MINDEX, announced on February 19, 2024, bridges the gap between the traditional and digital worlds, offering more choices to the local individual and business market in Africa.
MINDEX, as an African company, is focused on securing partnerships to provide better solutions and more secure products to Mauritian and African customers. Asset tokenization is becoming a trend, with a focus on real estate, commodities, and the art market, aiming to improve transparency, transaction speed, and market efficiency.
The collaboration with blink by Emtel is crucial for MINDEX in enhancing the payment ecosystem for tokenized assets in Mauritius and beyond. Blink Chief Fintech Officer, Atul Bhatia, highlights the partnership with MINDEX as a way to serve the local and African markets with innovative solutions for digital asset investment. Kresh Goomany, CEO of Emtel, emphasizes the importance of partnering with MINDEX to offer more choices to the African market and bridge the gap between traditional and digital finance.
Jessica T. Naga, CEO of MINDEX, provides more details on the partnership with blink by Emtel and its significance in preparing to serve the national and regional market better. Manisha Dookhony, Chairperson of the Board of MINDEX Ltd., discusses the move towards tokenizing real-world assets to enable companies to raise funds through digital assets and improve market efficiency. MINDEX’s focus is on securing strategic partnerships to offer better solutions and more secure products to Mauritian and African customers, with a particular emphasis on asset tokenization.
In conclusion, the collaboration between Emtel and MINDEX represents a significant step in enhancing the payment ecosystem for tokenized assets in Mauritius and beyond, bridging the gap between traditional and digital finance in Africa. The partnership aims to provide innovative solutions for digital asset investment, catering to the evolving trends in asset tokenization and improving market efficiency.
Through instant transactions and a focus on real estate, commodities, and the art market, the collaboration between Emtel and MINDEX is set to offer new opportunities for investors in Africa. With a growing customer base and a commitment to value-added services, blink by Emtel continues its trajectory of innovation in the digital asset investment market.
Source: Defi Media
