Quidax, a Nigerian cryptocurrency startup, has partnered with the Swiss blockchain platform, Lisk, to allow its customers to purchase USDT, USDC, Ether (ETH), and Lisk coin (LSK) on its platform.
Quidax, which secured a provisional crypto licence from Nigeria’s Securities and Alternate Fee (SEC) in August 2024, will now present an infrastructure for customers to maneuver between crypto and native fiat foreign money.
This implies retailers can now purchase, promote, and swap cryptocurrencies on Lisk’s layer-2 community with low charges, to drive the blockchain’s growth in Africa.
The partnership permits builders on the Lisk community to plug into Quidax’s liquidity and crypto gateways, permitting startups constructing neobanks, remittance instruments, or different blockchain merchandise to combine Quidax’s entry to stablecoins on Lisk, quite than sourcing them independently.
“The partnership with Lisk permits us to increase our platform to serve extra individuals and cater to the rising demand from services that wish to combine our stablecoin and digital belongings product to construct merchandise throughout Africa,” stated Morris Ebieroma, Chief Infrastructure Officer at Quidax.
The transfer comes weeks after Quidax paused its peer-to-peer (P2P) buying and selling characteristic, 5 months after introducing the service. The walkback highlighted Quidax’s transfer from casual crypto marketplaces towards regulated chains.
As Nigerian authorities tighten oversight of digital belongings, exchanges are being pushed to function inside clearer compliance frameworks. By transferring some exercise onto Lisk’s clear layer-2 ecosystem, this partnership permits Quidax to function inside these compliance boundaries.
Quidax’s collaboration with Lisk embeds it as infrastructure in blockchain ecosystems, quite than concentrating on simply retail merchants. Which means that if extra builders who want regulatory-compliant entry to stablecoins and fiat conversion construct on Lisk, Quidax might turn into their default ramp.
Lisk, which just lately transitioned into an Ethereum layer-2 community to deal with high-growth markets, needs to speed up the adoption of Web3 options throughout Africa. In October 2025, it launched a $15 million fund to again Web3 founders in Africa, Latin America, and Southeast Asia. Now, its partnership with Quidax provides regulated entry to stablecoins to that technique.
“Our partnership with Quidax expands entry to stablecoins and on-chain monetary alternatives for on a regular basis customers and companies,” Chidubem Emelumadu, Ecosystem Lead (Africa) at Lisk, famous. “On the identical time, it offers founders constructing on Lisk the vital infrastructure they should create options that may scale meaningfully throughout the continent.”
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