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The Nairobi Securities Exchange (NSE) in Kenya has announced a partnership with DeFi Technologies, Valour, and others to launch the Kenya Digital Exchange (KDX), providing capital market access for tokenization and digital asset trading as part of Kenya's financial market infrastructure. It is reported that KDX's revenue model will include trading fees, withdrawal and deposit fees, listing fees, Margin trading and lending, staking services, IDO, token issuance, accomplice services, tokenization services, fiat currency exchange fees, market making, yield services, and more.
(Note: The Nairobi Securities Exchange was established in 1954 and is the oldest national exchange in Sub-Saharan Africa.)