iGamingWire
Negocios y M&AiGaming Afrika · 1d ago

Goldfinch’s African Lending Venture Collapses Following Significant Defaults and a 99.8% Token Crash.

By William MusyokaJune 23, 2026

El resumen

Goldfinch has collapsed in Africa after claiming over $300Mil in defaults and with its its proprietary token, GFI, is down 99.8% from its high. Backed by Andreessen Horowitz (a16z), the decentralized lending protocol was supposed to bring financial inclusion to emerging markets. Instead, it simply funneled money to bo…

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