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Plume Network is thrilled to announce its strategic partnership with Busha, Nigeria’s first SEC-licensed digital asset exchange and a leading stablecoin on-ramp. Together, Plume and Busha are introducing Nest, a cutting-edge onchain yield protocol, to nearly one million Busha users. This collaboration empowers users in one of the world’s most dynamic emerging markets with secure and accessible financial growth opportunities.
Driving Financial Innovation in Africa’s Largest Economy
Busha has emerged as a leader in Nigeria’s thriving digital finance ecosystem. With over 7 million trades and $3.5 billion in transactions processed, the platform has demonstrated exponential growth, doubling its volumes annually while achieving profitability. Busha also powers local payment rails for global businesses like Starlink and is backed by renowned investors such as Jump Capital, DCG, and CMT Digital.
This partnership is a landmark moment for Plume Network, enabling collaboration with a key player in Africa’s largest economy to deliver decentralized finance solutions to non-crypto-native users.
Introducing Nest on Busha
Nest, Plume Network's flagship yield protocol, is designed to offer secure, scalable, and competitive returns using onchain technologies. Through this partnership, Busha users can now unlock DeFi-powered earnings seamlessly within the app’s trusted interface—no prior crypto knowledge required.
The integrated Earn product will enable users to:
- Access competitive and transparent yields on stablecoins and digital assets.
- Leverage the security of onchain technology for peace of mind and accountability.
- Seamlessly grow wealth directly within Busha’s app.
A Shared Vision for Financial Inclusion
Emerging markets like Nigeria are at the forefront of adopting transformative technologies like blockchain, which can provide solutions where traditional financial infrastructure falls short. In regions where access to institutional-grade investment products is limited, blockchain and decentralized finance (DeFi) are key to unlocking economic potential.
“At Plume, our focus is on building connections between the global decentralized finance ecosystem and local markets where it can create the greatest impact,” said Chris Yin, CEO of Plume Network. “Our partnership with Busha embodies this vision, enabling us to provide millions across Africa with transparent, secure, and growth-oriented financial tools that open new doors for economic empowerment.”
About Plume Network
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.
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About Nest
Nest is a flagship staking protocol for RWAs deployed exclusively on Plume. By decoupling yield streams from the assets themselves, Nest enables the creation of new financial instruments, giving users the ability to earn, trade, and manage yield independently of the underlying asset. Nest is designed to be fully permissionless and fully composable from day zero.
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About Busha
Busha is Nigeria’s leading SEC-licensed digital asset exchange and neo-banking application, serving nearly one million users. Backed by top-tier global investors and boasting a track record of exponential growth, Busha is at the forefront of financial inclusion in Africa’s largest economy through its cutting-edge digital solutions.