Hashed Emergent

📢 𝐍𝐢𝐠𝐞𝐫𝐢𝐚 𝐖𝐞𝐛𝟑 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐5 𝐢𝐬 𝐋𝐢𝐯𝐞 We are excited the unveil the 2nd edition of the Nigeria Web3 Landscape Report, in collaboration with our knowledge partners: @QuidaxGlobal, @withconvexity_, @Web3Bridge, @GuildAudits and @InfusionLawyers The report offers a deep dive into Nigeria’s Web3 ecosystem - highlighting developer growth, startup ecosystem and funding trends, consumer and enterprise adoption, and the evolving regulatory landscape. 🔍 What’s inside? 1️⃣ Startups & Investment Landscape 2️⃣ Consumer & Enterprise Adoption 3️⃣ Developer Ecosystem 4️⃣ Regulatory, Tax & Policy Landscape 📖 Read the full report here: docsend.com/v/7xb7v/nigeri… A Snapshot of Key Insights 👇🧵:

Web3 Growth Accelerates in Nigeria as Startups Attract $43m Investment. Sunday Ehigiator Nigeria’s Web3 ecosystem witnessed accelerated growth in 2025 as startups attracted $43 million in investment, marking a significant rebound from the $20 million... ow.ly/sgw0106xKoI

Nigeria Web3 Landscape Report 2025: Nigeria Leads with $48.2M in Daily Stablecoin P2P Volume, Hashed Emergent Report Reveals techmoniafrica.com/nigeria-web3-l…

Nigeria isn’t “emerging” in Web3 anymore — it’s operational. - $43M raised in 2025 (2x YoY) - $48.2M daily stablecoin transfers - 9,000% growth in stablecoin deposits This is no longer hype. It’s infrastructure. Full breakdown here: technext24.com/2026/04/22/nig…

Based on these developments, we outline four observations on how the space may evolve: - Real-economy assets, such as agriculture, may lead to early tokenization cycles - Stablecoins may remain the primary settlement layer over the near term - Select regulatory models may be replicated across jurisdictions - Large markets such as India may emerge as key hubs for non-crypto tokenization These observations guide our approach: we back platforms rooted in real-world asset formation and built to scale as financial functionality moves on-chain, with tokenization in emerging markets evolving alongside existing systems rather than replacing them. Full article: hashedem.substack.com/p/tokenizing-t…

Regulatory approaches across emerging markets remain uneven but are evolving. In many jurisdictions, deployment is preceding formal frameworks, with sandboxes, pilots, and institution-led initiatives shaping early adoption. As a result, tokenization is progressing alongside regulation, rather than being fully defined by it.

A common layer across these use cases is the role of stablecoins. While not RWAs themselves, stablecoins function as the primary settlement infrastructure enabling cross-border transactions, denominating credit, and supporting real-time financial activity. In many cases, stablecoin rails determine the viability of tokenized asset models in emerging markets.

This is reflected in how the ecosystem is developing. Tokenization in emerging markets is grounded in real-economy use cases, including agriculture, trade finance, SME credit, government issuance, and real estate. Several patterns are observable: repayment histories emerging as credit primitives, deployment preceding formal regulation, and infrastructure adoption progressing independently of speculative crypto activity.

To frame this divergence, we introduce what we call the inversion thesis. In developed markets, tokenization typically begins with financial instruments that are extended on-chain. In emerging markets, it begins with real-world records such as land titles, supply chain data, or repayment histories that progressively acquire financial functionality. Financialization, in this context, follows digitization.

In developed markets, tokenization is primarily positioned as a capital efficiency upgrade enabling faster settlement, improved liquidity, and broader distribution of financial assets. In emerging markets, the role of tokenization is materially different. It is being applied to asset origination, distribution, and financial access, often in the absence of underlying financial infrastructure. In our latest article, authored by @PowersOfTau, we examine how this is shaping RWA adoption across regions.

41 AI founders. One poolside afternoon. Hashed Founder's Brunch with @tether brought together founders building at the edge of Web3 × AI - conversations kept circling back to agentic payments, P2P agent communication, and tokenized marketplaces. The format was intentional and founder-led, creating space for founders to step back, exchange context, and continue meaningful conversations in a more relaxed, poolside setting.

We’d also like to express our gratitude for the ecosystem collaboration from @BasedWestAfrica, @SuperteamNG, @LiskAfrica, @web3afrika, @womenindefi_org, @Team1NG, @blockfuselabs, @the_buidl, @blockhubafrica and @StarknetAfrica Get the 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 for key insights on startups, adoption, developers & policy shaping Nigeria’s web3 ecosystem. 📧 Download here: docsend.com/v/7xb7v/nigeri…

⚖️📜 Regulatory, Policy and Tax Nigeria’s regulatory landscape is still evolving with gradual progress toward clearer frameworks and increased institutional oversight. A key milestone in 2025 was the SEC Nigeria’s formal recognition of virtual and digital assets as securities under the Investment and Securities Act (ISA) 2025, marking a step toward greater regulatory clarity and structure for the ecosystem Nigeria’s new tax framework formally recognizes digital assets and clarifies income, VAT, and cross-border obligations for VASPs. While these developments provide more structure, practical implementation and enforcement mechanisms are still maturing, leaving room for further refinement.

📢 𝐍𝐢𝐠𝐞𝐫𝐢𝐚 𝐖𝐞𝐛𝟑 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐5 𝐢𝐬 𝐋𝐢𝐯𝐞 We are excited the unveil the 2nd edition of the Nigeria Web3 Landscape Report, in collaboration with our knowledge partners: @QuidaxGlobal, @withconvexity_, @Web3Bridge, @GuildAudits and @InfusionLawyers The report offers a deep dive into Nigeria’s Web3 ecosystem - highlighting developer growth, startup ecosystem and funding trends, consumer and enterprise adoption, and the evolving regulatory landscape. 🔍 What’s inside? 1️⃣ Startups & Investment Landscape 2️⃣ Consumer & Enterprise Adoption 3️⃣ Developer Ecosystem 4️⃣ Regulatory, Tax & Policy Landscape 📖 Read the full report here: docsend.com/v/7xb7v/nigeri… A Snapshot of Key Insights 👇🧵:

The AI products worth watching are the ones that won't hit an infrastructure ceiling. On April 19, we're hosting a curated, invite-only poolside brunch in Bangalore for founders building at the AI × Web3 intersection, in partnership with @tether. Apply to join 👇

@0xcatalysis just went live on Ethereum. Vault-native risk coverage for Morpho vaults, backed by real capital is a major step toward making DeFi institution-ready.