Canza Finance Selected as Incubatee of CMC Labs, CoinMarketCap's Web3 Accelerator Program
Announcements

Canza Finance Selected as Incubatee of CMC Labs, CoinMarketCap's Web3 Accelerator Program

1m
Created 4mo ago, last updated 4mo ago

CoinMarketCap has announced the selection of Canza Finance as an incubatee of its new CMC Labs accelerator program.

Canza Finance Selected as Incubatee of CMC Labs, CoinMarketCap's Web3 Accelerator Program

Canza Finance has been accepted into CMC Labs, a program offering industry guidance, expertise, and access to CoinMarketCap's global crypto community with over 64 million active users.

Joining CMC Labs aligns with Canza Finance's mission to empower individuals and businesses across Africa and Emerging Markets by building the on-chain financial system of the future.

Canza Finance also aggregates Real-World Assets (RWAs) on a new marketplace. Having serviced over 300 institutions and agents, this new platform streamlines access to high-quality assets for investors while expanding market exposure for RWA providers. The result is a more efficient experience for investors and a broader reach for RWA providers.

Canza Finance’s forex exchange, Baki (https://baki.exchange), is the first on-chain FX platform for African currencies, providing infinite liquidity at Central Bank rates. Baki offers a solution for hedging against currency devaluation, addressing a crucial need in these markets.

CMC Labs provides valuable access to these innovative products. As data is essential for Africa and Emerging Markets, CoinMarketCap's leading position in the crypto space makes CMC a key contributor to driving the adoption of RWA and DeFi in African + Emerging Market regions.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
20 people liked this article