More
    HomeUpdatesEgypt’s Top Fintech VC, DisrupTech Ventures, Enters the Blockchain Space

    Egypt’s Top Fintech VC, DisrupTech Ventures, Enters the Blockchain Space

    Published on

    spot_img

    DisrupTech Ventures, a leading Egyptian venture capital firm, has taken its major foray into blockchain with a notable investment in Hamilton, a protocol leveraging the Bitcoin network to tokenize real assets. The deal was led by DisrupTech Ventures, with participation from other prominent investors, including CMS, DeSpread, Hyperithm, and Core Ventures.

    Hamilton, co-founded in 2024 by Mohamed El Kastawy and Ehab Zaghloul, aims to bridge the gap between traditional finance and Bitcoin’s decentralized infrastructure. The protocol focuses on enabling institutions and individuals worldwide to access tokenized assets such as treasury bonds, sukuk, and real estate by harnessing Bitcoin’s security and transparency.

    Hamilton’s offerings highlight its ambition to revolutionize asset accessibility in both developed and emerging markets. The company has announced three flagship products:

    1. HUSD: The first stablecoin on the Bitcoin network, backed by US Treasury bonds.
    2. HUST: Digital US Treasury bonds designed to provide secure and transparent investment opportunities.
    3. Publius: A platform enabling the secure conversion of traditional assets into digital tokens on the Bitcoin network.

    These products are aimed at making financial products traditionally managed by leading global asset managers more inclusive and accessible, particularly in emerging markets grappling with challenges such as currency devaluation and economic instability.

    Founded in 2021 and based in Giza, DisrupTech Ventures has built a reputation as a premier backer of early-stage fintech and fintech-enabled startups in Egypt. With investments in companies driving digital transformation in financial services, DisrupTech has primarily focused on local opportunities. However, its investment in Hamilton signals a strategic expansion into blockchain and the US market, tapping into the global expertise of Egyptian founders.

    Hamilton’s focus on emerging markets is particularly timely. Many countries in Africa, Latin America, and Asia face mounting economic instability, with local currencies losing value against the dollar. By providing access to dollar-backed assets such as US Treasury bonds and tokenized real estate, Hamilton aims to offer a hedge against inflation and devaluation for both retail and institutional investors.

    This deal marks a pivotal moment for DisrupTech Ventures, as it indicates a willingness to diversify its portfolio beyond traditional fintech to include blockchain-based solutions. It also reflects the growing global recognition of blockchain’s potential to solve critical financial access and stability issues.

    Latest articles

    Coca-Cola Joins Egypt’s High-Value Tech Offshoring Wave

    The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa.

    Most AI Coding Tools Are Leaking Users. SA’s HyperDev Just Raised $1M to Fix the Leak

    Company founded by former OpenAI and Google engineers nears 100,000 users with a platform designed to help deploy software, not just generate code.

    GoCab Recruits Former Anka CEO as Ivory Coast Head Months After Anka’s Collapse

    Tabouré takes operational role at vehicle-financing platform months after the collapse of his e-commerce venture

    Why Africa’s Startup Funding Leaderboards Look Different This Year

    A quiet rotation is reshaping African technology funding this year.

    More like this

    Coca-Cola Joins Egypt’s High-Value Tech Offshoring Wave

    The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa.

    Most AI Coding Tools Are Leaking Users. SA’s HyperDev Just Raised $1M to Fix the Leak

    Company founded by former OpenAI and Google engineers nears 100,000 users with a platform designed to help deploy software, not just generate code.

    GoCab Recruits Former Anka CEO as Ivory Coast Head Months After Anka’s Collapse

    Tabouré takes operational role at vehicle-financing platform months after the collapse of his e-commerce venture