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Finsec bets on blockchain for capital market expansion

Business
Finsec chief executive officer Collen Tapfumaneyi said the development represents more than a technological milestone and could reshape how investment capital is mobilised in Zimbabwe.

THE Financial Securities Exchange (Finsec) has completed development of a blockchain infrastructure platform designed to support the issuance, management and trading of tokenised real-world assets, marking a step in Zimbabwe’s efforts to modernise its capital markets.

The platform enables the tokenisation of physical assets such as property and agricultural assets, allowing ownership interests to be converted into digital tokens that can be traded on a regulated exchange. The system also supports fractional ownership, potentially widening investor participation in illiquid asset classes.

The launch of the infrastructure positions Finsec to roll out tokenised investment products in Zimbabwe, which it says could broaden access to capital markets and unlock value in sectors including property, agriculture, tourism and infrastructure, as the country pursues financial market digitisation

Finsec chief executive officer Collen Tapfumaneyi said the development represents more than a technological milestone and could reshape how investment capital is mobilised in Zimbabwe.

“It is the foundation for the future of digital capital markets in Zimbabwe,” he said.

“Tokenisation has the potential to unlock new investment opportunities, mobilise capital at scale and transform how investors participate in economic growth. We believe this innovation will play a meaningful role in deepening capital markets and supporting national development priorities.”

Finsec said the system had been built on a private permissioned blockchain and was designed to meet regulatory standards for transparency, governance and investor protection.

 The exchange said the platform integrates with its existing C-TRADE system and has completed development and testing.

The exchange said completion of the infrastructure positions it at the forefront of capital market innovation in Zimbabwe and creates a foundation for the introduction of tokenised investment products aimed at broadening investor participation and improving market accessibility.

Finsec said tokenisation is among the most significant developments in modern finance, with the potential to unlock value across key sectors of the economy, including housing, agriculture, tourism, infrastructure and asset finance.

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