Blockchain company, Africa Blockchain Lab (ABL), has announced it has received a $6M Series Pre-A investment to fund the launch of its crypto wallet, VIBRA, as it is set to expand cryptocurency adoption in Africa.
Participants in the round include:
Lateral Frontiers VC
CRE Venture Capital
“With the backing from its strategic investors, we intend to bring world-class tech stacks, projects, and innovation to the African continent, starting with our first product VIBRA.”
– Co-Founder, VIBRA
The brand is preparing to launch new features such as VIBRA Earn – a crypto asset saving product that allows users to earn interest on a variety of crypto assets.
VIBRA is a crypto social trading app expected to help users gain crypto mastery by providing an easy way for beginners to learn and make trades with a community of experts.