Zimbabwe admits seven fintech projects to regulatory sandbox
Zimbabwe's Securities and Exchange Commission (SECZ) has admitted seven fintech projects into its regulatory sandbox, with a majority focused on asset tokenization. The approved participants are Zimbabwe Entrepreneurship Exchange, Ndarama Standard, Questview Brokers, Crowdaxe Capital, Procode Platforms, Financial Securities Exchange (FINSEC), and Colmin Resources Zimbabwe. Their projects involve blockchain-based capital raising, crowdfunding, synthetic trading, and tokenizing assets, securities, and infrastructure. This cohort highlights a growing trend to use blockchain for increasing capital market access and trading traditionally illiquid assets. Admission to the sandbox allows controlled testing under SECZ supervision, but successful completion does not guarantee full registration; participants must still meet standard regulatory requirements before commercial launch.
cointelegraph18h ago
