After discontinuing its peer-to-peer trading feature, Quidax has announced a partnership with the Lisk blockchain to build on its regulatory foundation and power digital finance in Africa. The partnership will enable Quidax customers to trade seamlessly using the Lisk network. This is Lisk’s first partnership with an African exchange. It has previously partnered with protocols such as Gelato for its Rollup-as-a-Service (RaaS), as well as Web3 and DeFi platforms, including Rarible, DappRadar, and Nomis. Quidax is Nigeria’s first licensed crypto exchange, and Lisk will now leverage its digital asset infrastructure designed to power financial products. The partnership creates a win-win scenario for customers and aims to accelerate the adoption of Web3 solutions that address financial challenges across Africa. It will also support the Web3 developer community backed by Lisk’s $15 million EMpower fund, giving builders access to stablecoins and local currencies at competitive rates. Commenting on the partnership, Quidax Chief Infrastructure Officer Morris Ebieroma said: “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.” Lisk sees the deal as central to its African expansion. “Africa represents one of the most critical frontiers for blockchain innovation, where the demand for reliable and inclusive financial tools is urgent,” said Chidubem Emelumadu, Ecosystem Lead (Africa) at Lisk.
