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A Nigerian fintech company, ProsperaVest ESG Ltd, has launched eNsc, a digital asset pegged 1:1 to the Nigerian Naira and developed on the Lisk 2.0 blockchain.
This asset aims to facilitate tokenized investments in real-world assets, such as Nigerian Treasury Bills, while adhering to regulatory requirements.
The company emphasized that eNsc’s creation is in line with the Securities and Exchange Commission (SEC) of Nigeria’s initiatives to establish a clear regulatory framework for virtual assets. “Investor protection and market integrity are at the core of Nigeria’s regulatory approach,” stated an SEC spokesperson. “The development of digital assets must align with global best practices to ensure stability and compliance.”
ProsperaVest ESG Ltd indicated that eNsc seeks to provide a more accessible method for individuals to engage with financial instruments. “Our goal is to enhance financial inclusion by leveraging blockchain technology while maintaining strict adherence to regulations,” said Raheem Anikulapo Ibrahim, CEO of ProsperaVest ESG Ltd. “We see this as a step toward modernizing access to investment opportunities.”
The company reports that the digital asset is supported by reserves held in regulated financial institutions and includes compliance measures such as anti-money laundering (AML) protocols and transparent reserve audits.
Financial analysts have observed that tokenized assets have the potential to enhance liquidity and accessibility in emerging markets. “Blockchain-powered investment solutions can remove barriers and create a more efficient financial ecosystem,” noted financial consultant Adetayo Oke. “However, their long-term success will depend on regulatory clarity and user adoption.”
By enabling fractional ownership of tokenized assets, eNsc is intended to facilitate cross-border transactions and lower entry barriers for investors. The firm asserts that regulatory compliance will remain a key focus. “Trust is fundamental to financial innovation,” said Ibrahim. “We are committed to working closely with regulators to ensure transparency and accountability.”
The digital asset is currently operational on the Lisk 2.0 blockchain, with further developments anticipated as regulatory approvals proceed.
