- GFX adopts tokenisation to expand access to government bonds
- Partnership aims to strengthen governance and financial inclusion
ACCRA, GHANA – Ghana-based brokerage firm GFX has launched a major initiative to widen access to government-issued financial instruments across Africa, positioning the company at the centre of the continent’s financial-technology transformation.
Announced at the Singapore FinTech Festival, GFX’s strategic arrangement with Libeara – a tokenisation platform backed by Standard Chartered Ventures – seeks to reduce long-standing barriers that prevent ordinary Africans from investing in regulated government securities.
The initiative introduces blockchain-based tokenisation to lower administrative costs, improve transparency and allow smaller, secure investments that meet strict governance standards.
GFX said the move aligns with Africa’s broader commitment to integrity, financial best practice and the UN Sustainable Development Goals (SDGs). In many African countries, high minimum investment thresholds have excluded everyday citizens from participating in state-backed financial instruments, leaving such opportunities largely in the hands of institutional investors.
Under the new arrangement, GFX licenses Libeara’s tokenisation infrastructure to bring government securities on-chain, enabling more efficient settlement processes and improved auditability. According to the company, the approach allows regulators to maintain rigorous investor protections while opening the market to lower-value transactions.
Governance-first innovation
GFX stressed that its technology deployment is both conservative and tightly risk-managed, emphasising alignment with the regulatory direction of the Bank of Ghana, the Securities and Exchange Commission and international peers.
“On a continent where the majority of savings remain outside the traditional financial system, our mission is to create a new bridge: one where anyone with a smartphone and 50 Ghana cedis in their pocket can invest in their nation’s future with dignity,” said Joe Anka, CEO of GFX.
The company argued that tokenisation does not weaken governance but strengthens it, providing a transparent, immutable system for traceability and settlement while broadening access to regulated financial products.
The initiative also fits into the Bank of Ghana’s digital innovation roadmap. The forthcoming Virtual Asset Service Providers (VASP) Bill will create a comprehensive framework for digital-asset activities, ensuring compliance, governance and investor protection remain central to any blockchain-based service. Until the bill is enacted, the central bank’s regulatory sandbox offers innovators like GFX a supervised environment to test real-world applications of digital financial tools.
Libeara’s platform currently supports almost $800 million in regulated on-chain assets globally.
Expanding access while protecting investors
Aaron Gwak, Founder and CEO of Libeara, said the partnership demonstrates how tokenisation can address real economic needs in emerging markets.
“Libeara is bringing the real-world assets on-chain one step at a time, in a safe and compliant manner, and we are proud to make headway into the African continent through this initiative,” he said.
“This partnership highlights the importance of tokenization serving real-world needs – enabling financial inclusion in underserved markets. We believe that access to stable, high-quality financial instruments should not be the privilege of the few – but a fundamental right for all, so that everyday Africans can own a piece of their nation’s economic future.”
GFX said its long-term vision is to support regulators across Africa in building financial infrastructure that provides opportunity without compromising safety.
Every step of its programme, the firm noted, is guided by one principle: innovation must never outpace governance, and inclusion must never undermine investor protection.
