Hamilton Labs Secures Strategic Investment from AXIAN Investment to Expand Dollar Access In Africa

Hamilton Labs has secured an investment from AXIAN Investment, the venture capital arm of AXIAN Group, for an undisclosed amount, to support the scaled deployment of Hamilton’s USDh, a permissionless stablecoin designed to bring sovereign yield opportunities onchain

This marks AXIAN’s second investment in stablecoin infrastructure, reflecting its continued interest in digital financial rails across emerging markets

The investment will support Hamilton’s expansion through fintech platform integrations to serve African consumers and businesses seeking dollar-denominated savings tools

“For millions of people in Africa, access to stable dollars and reliable savings tools remains limited,” said Mo Kasstawi, co-founder and CEO of Hamilton. “We believe programmable dollars like USDh can expand access to global financial infrastructure and help people protect and grow their savings regardless of where they live

Through its permissionless stablecoin USDh, pegged 1:1 to the dollar and fully redeemable, Hamilton connects emerging markets with sovereign yield opportunities historically reserved for institutional investors. These opportunities exist within a global sovereign debt market exceeding $100 trillion

“We are happy to be bringing Hamilton into our portfolio as we believe in the digital asset currency. It remains a key lever to support financial inclusion in Africa and beyond. Our mission at AXIAN is to empower African markets through fintech solutions that are accessible, rewarding, and secure,” said Hassane Muhieddine, CEO of AXIAN’s Financial Services cluster

AXIAN Investment has already supported 33 startups and participated in 38 investment funds, playing a significant role in promoting entrepreneurship and innovation across the African continent