Global virtual asset firms eye listing on the Nairobi bourse

CMA CEO Wycliffe Shamiah

Capital Markets Authority (CMA) Chief Executive Officer Wycliffe Shamiah. 

Photo credit: File | Nation Media Group

The Capital Markets Authority (CMA) is in discussions with giant tech companies dealing in virtual assets- including bitcoin, to sell shares to the Kenyan public through the Nairobi Securities Exchange (NSE), as part of a market deepening process that would mark the first listing of pure-play virtual asset companies on an African stock market.

The regulator's talks with the firms from the US and UK come after President William Ruto signed the Virtual Asset Service Providers (VASP) Act (2025) into law on October 15.

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