Crypto
Dangote Refining launches IPO with stablecoin-based on-chain subscriptions on Solana
Dangote Refining, described as one of Africa’s largest refining companies, has started its initial public offering, while also running on-chain subscriptions using stablecoins. Investors can take part through NextaFi, built on GetEquity’s capital-market infrastructure, using dollars, naira or stablecoins. The offer price is 525 naira per share for 4.1 billion shares, with subscriptions running until Oct. 13. Tokens representing subscribed stakes are issued on Solana and Base.
