Founder and Chief Executive Officer of The Shawn Exchange has explained why the new company is focusing on digital services.

Revealing the backdrop to the new company, Ajayi Oluwadamilare Michael said: “I had a friend that was making money from crypto, selling gift cards. Being who I am, I was curious; I talked to him and made very extensive research with the little information he gave to me. I  found out a lot of big names are also in the business but discovered one thing that was high in demand was a reliable trusted vendor that makes fast payment.  If that was all, I was ready to take on the challenge so I kickstarted The Shawn Exchange.”

Continuing, he said: “The Shawn Exchange focuses on digital service because I noticed there is a very huge market for cryptos. We are talking about a billion-dollar, if possible, trillion-dollar market, and Nigeria is the country with the highest number of BTC transactions in Africa, what else is a businessman supposed to do but harness this opportunity and turn it into a money-making empire? I knew it wasn’t going to be easy but I could do it and so I did.”

With many Nigerians still very traditional about money and some sceptical of digital currency, the CEO of The Shawn Exchange said he wasn’t bothered in the least.

“One thing I know about innovation is that it can not be immediately welcomed by everyone,” he noted.

Speaking further, he said: “Sometimes, to trust a system you have to try it out and every day more people try it out and discover it’s a method that works with ease but even that is not enough; the digital currency has been such a blessing, I feel like more should be done to spread the good news and in The Shawn Exchange little way, we are doing the best we can to this effect.”