African-founded cryptocurrency exchange, Quidax, has announced a strategic partnership with Lisk blockchain, signalling a major step in expanding regulated digital asset infrastructure across the continent. The collaboration is Lisk’s first with a licensed African exchange approved by Nigeria’s Securities and Exchange Commission (SEC), bridging local compliance with the growing Lisk Layer 2 (L2) ecosystem.
Quidax made history in 2024 as the first Nigerian crypto exchange to receive a provisional operating licence from the SEC. This new partnership allows Quidax users to trade and transfer value using USDT, USDC, LSK, and Ether (ETH) on the Lisk network, offering seamless access to regulated digital assets.
Brandspur Banking News Desk reports that beyond retail trading, the partnership also provides critical infrastructure for developers. Lisk builders can now leverage Quidax’s compliant and high-liquidity platform to access stablecoins and local currencies at competitive rates. This institutional-grade setup is intended to support next-generation financial products, including neobanks, cross-border payment systems, regional exchanges, and global fintech solutions.
Morris Ebieroma, Chief Infrastructure Officer at Quidax, stated, “The partnership with Lisk enables us to extend our platform to serve more people and cater to the increasing demand from products and services that want to integrate our stablecoin and digital assets product to build products across Africa.”
Chidubem Emelumadu, Ecosystem Lead (Africa) at Lisk, added, “Africa represents one of the most critical frontiers for blockchain innovation, where the demand for reliable and inclusive financial tools is urgent. Our partnership with Quidax expands access to stablecoins and on-chain financial opportunities for everyday users and businesses, while providing founders the infrastructure needed to scale solutions across the continent.”
By combining Quidax’s local liquidity and regulatory compliance with Lisk’s scalable Layer 2 technology, this partnership is expected to accelerate Web3 adoption and address real-world financial challenges for millions of African customers.
Investors and industry watchers see this collaboration as a milestone in building a regulated and scalable crypto ecosystem that balances compliance, accessibility, and innovation across Africa.
