South African investment firm Altvest Capital has announced a rebranding to Africa Bitcoin Corp and is preparing plans to raise funds for Bitcoin investments.
Changes at Altvest Capital
Altvest Capital has changed its name to Africa Bitcoin Corp, reflecting a renewed strategic focus on digital assets, particularly Bitcoin (BTC).
Fund for Bitcoin Purchases
Africa Bitcoin Corp aims to raise $210 million for direct investments in Bitcoin. The main goal of the fund is to buy and hold Bitcoin, positioning the firm as a significant institutional investor in Africa's crypto space.
Crypto Adoption in Africa
Africa is emerging as one of the fastest-growing regions for crypto adoption. Countries like Nigeria, Kenya, and Ghana are already leading in P2P crypto transactions and mobile financial solutions. The entry of Africa Bitcoin Corp is expected to deepen institutional involvement in the African crypto ecosystem.
The rebranding of Altvest Capital to Africa Bitcoin Corp marks an important step in the crypto landscape of Africa, bringing capital and scale to the world of Bitcoin.
