By Juliet Umeh

Nigerian fintech firm, ProsperaVest ESG Ltd, has introduced eNsc, a stablecoin pegged 1:1 to the Nigerian Naira and built on the Lisk 2.0 blockchain.

The digital asset is designed to enable tokenized investments in real-world assets, such as Nigerian Treasury Bills, while operating within regulatory guidelines.

According to the company, eNsc aligns with the Securities and Exchange Commission, SEC, of Nigeria’s efforts to create a transparent and structured framework for virtual assets.

A spokesperson from the SEC said: “Investor protection and market integrity are at the core of Nigeria’s regulatory approach. The development of digital assets must align with global best practices to ensure stability and compliance.”

ProsperaVest ESG Ltd says eNsc aims to provide a secure and efficient way to access financial instruments that were previously out of reach for many investors. CEO of ProsperaVest ESG Ltd, Raheem Anikulapo Ibrahim, said: “Our goal is to enhance financial inclusion by leveraging blockchain technology while maintaining strict adherence to regulations.“We see this as a step toward modernizing access to investment opportunities.”

The company states that the stablecoin is backed by reserves held in regulated financial institutions and that it incorporates compliance measures such as anti-money laundering (AML) protocols and transparent reserve audits.

Financial analysts note that tokenized assets could improve liquidity and accessibility in emerging markets. “Blockchain-powered investment solutions can remove barriers and create a more efficient financial ecosystem,” said 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 expected to support cross-border transactions and reduce entry barriers for investors. The firm maintains that compliance will remain a priority. “Trust is fundamental to financial innovation,” said Ibrahim. “We are committed to working closely with regulators to ensure transparency and accountability.”