May 2022: MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy.”
MARA was supposed to be Central African Republic’s official crypto partner…
A relationship with the Central African Republic was confirmed by the exchange team. MARA will function as the country’s official crypto partner, advising the government on best practices, strategy, and planning as it considers greater adoption of cryptocurrencies.
No news, since the botched Sango Coin launch.
Around 11/16, promotions for the launch of their own token started, based on a brand new layer-1 blockchain.
Since then, any mention was quietly deleted…
- How did SBF convince West Africans crypto was their future?
- How the FTX contagion infected Africa’s crypto markets
- FTX processed billions monthly in Africa before going bust
Update: “Mara and Chipper Cash are not affected by the FTX bankruptcy”, they say…