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