FTX & Africa (3) – Nestcoin

Feb 6 2022: Nigerian crypto & Web3 startup Nestcoin Closed $6.45 Million in Funding from Alameda Research and others.

Nov 14 2022: African crypto firm Nestcoin will lay off some of its staff due to the FTX debacle. The firm stored some of the funds it raised on FTX.

Per the statement, “user funds are safe.

Nestcoin statement to investors

More on TechCrunch.