More Than Half a Million South Africans Adopted Crypto on Luno in Past Year
South Africa’s appetite for cryptocurrency continues unabated, with more than 530,000 new customers signing up to Luno in the past 12 months, bringing the platform’s South African user base to over 6.3 million.
Luno now has 15 million customers worldwide.
New data from SA’s top cryptocurrency exchange*, reveals who’s buying and what they are buying.
Luno’s recently launched tokenised stocks (xStocks), which have seen remarkable early success, according to Christo de Wit, Luno’s South Africa country manager. Stock tokens are digital representations of actual stocks held in custody, recorded on a blockchain.
“19,000 South African customers have so far invested in xStocks with Nvidia (NVDAx), the…