Secretum: Riding Africa and Asia’s Crypto and Messaging Boom
When it comes to the growth of crypto adoption, Africa and Asia lead the world: Of the top 10 countries ranked by crypto adoption in 2021, six are in either Africa or Asia. A total of $105.6 billion worth of crypto assets were traded in Africa between July 2020 and June 2021, a growth rate of 1,200% year-on-year. P2P trading dominates transaction volumes: An astonishing 32% of Nigerians and 21% of Vietnamese owned cryptocurrency in 2020 – the first and second highest rates in the world, and significantly higher than the USA’s 6%. The main drivers of this boom are the clear and unmet....
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