Online Reporter
Senior Business Reporter
FINANCIAL Securities Exchange (FINSEC) has completed the development of a blockchain infrastructure platform that will underpin Zimbabwe’s emerging market for tokenised assets.
The development marks a significant step towards the digitisation of the country’s capital markets.
Blockchain infrastructure platforms provide the foundational tools, servers and application programming interfaces that developers and enterprises use to build, test and scale decentralised (Web3) applications without maintaining their own blockchain nodes.
Tokenisation refers to the process of converting ownership rights in physical assets into digital tokens that can be traded electronically on a blockchain platform.
The technology allows investors to purchase fractions of high-value assets, thereby lowering entry barriers and improving market accessibility.
Globally, tokenisation is increasingly being adopted by financial institutions and exchanges seeking to unlock liquidity in traditionally illiquid assets such as real estate, infrastructure and private equity investments.
FINSEC’s new infrastructure, which has successfully undergone development and testing, will support the issuance, management and trading of tokenised real-world assets, enabling investors to buy and trade fractional ownership in assets ranging from property and infrastructure projects to agricultural ventures. The platform will integrate with the existing C-TRADE system, which already provides investor-facing tools, creating a seamless digital ecosystem for future investment products.
FINSEC, in a statement, said the blockchain-based infrastructure had been built on a secure private permissioned network that combines the efficiency of distributed ledger technology with the governance, transparency and investor protection standards required in regulated financial markets.
FINSEC chief executive Mr Collen Tapfumaneyi said the completion of the platform represented more than a technological achievement.
“This is more than a technology achievement. It is the foundation for the future of digital capital markets in Zimbabwe. Tokenisation has the potential to unlock new investment opportunities, mobilise capital at scale and transform how investors participate in economic growth,” he said.
“We believe this innovation will play a meaningful role in deepening capital markets and supporting national development priorities,” he added.
Mr Tapfumaneyi said the exchange would now shift its focus towards stakeholder engagement, issuer onboarding and investor education ahead of the formal launch of Zimbabwe’s tokenised asset market.
Tokenisation refers to the process of converting ownership rights in physical assets into digital tokens that can be traded electronically on a blockchain platform.
The technology allows investors to purchase fractions of high-value assets, thereby lowering entry barriers and improving market accessibility.
