According to a Bloomberg report on June 23, 2026, Hyro Exchange, Ghana's first homegrown cryptocurrency exchange, is currently in fundraising negotiations with multiple international investment institutions. The company plans to sell a 10% stake to external investors to raise capital for accelerating its business expansion in Ghana and other key African markets.
This round follows a seed round in which Hyro Exchange raised funds from local Ghanaian investors, achieving a valuation in the millions of dollars. The new round targets international markets and aims to bring in strategic investors with global resources.
As the first cryptocurrency exchange in Ghana, Hyro Exchange enjoys a first-mover advantage in the local market. The ongoing negotiations indicate that international capital is beginning to recognize the growth potential of Africa's cryptocurrency sector. Specific terms and the size of the fundraising have not yet been disclosed, but Hyro Exchange's expansion goals are clear: leveraging capital to strengthen its presence in the African crypto landscape.