One Africa Joins SEC Virtual Asset Sandbox

One Africa Securities Limited has secured admission to the Securities and Exchange Commission (SEC) Ghana’s Virtual Asset Sandbox and the Bank of Ghana (BoG) Regulatory Sandbox. This dual participation signifies a crucial step in the company's mission to responsibly innovate and expand investment opportunities across Africa. In the SEC Virtual Asset Sandbox, One Africa Securities will explore asset tokenisation, specifically bonds, within a controlled regulatory setting.

The company joins six other entities admitted to the BoG Sandbox to examine tokenisation of Treasury bills, bonds, and commodities.

Both programs provide One Africa Securities with the chance to contribute practical market insights as Ghanaian regulators develop frameworks for virtual assets and tokenised financial products. Group Head of Fixed Income and Director at One Africa Securities, Edward Illiasu, emphasized the company's commitment to responsible financial innovation, stating that participation in these sandboxes allows them to explore the potential of technology while ensuring it aligns with regulation and protects investors.

The company highlighted the increasing global exploration of tokenisation as a means to enhance the issuance, administration, and accessibility of traditional financial assets. Leading financial institutions, such as J.P. Morgan and BlackRock, are also delving into tokenised assets and blockchain-enabled financial infrastructure.

Norbert Dziwornu, Group Head of Innovation at One Africa Markets, stressed that technology must address real challenges in the financial sector, including reducing friction and broadening market participation. One Africa Securities plans to launch ChainOA, a digital investment platform, in September, aiming to simplify access to real-world investment opportunities for users in Ghana and beyond.